Amazon's Hiring Spree Takes Toll on Bottom Line

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July 29 (Bloomberg) -- Bloomberg's Cory Johnson and Emily Chang discuss why Amazon is boosting its staff on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

You have seen the robots and the people at work.

What do you make of all of this?

It warms your heart.

And hiring, it has been unbelievable.

They have been on a frantic hiring spree.

The stock is the stock and does not tell you what is going on.

The numbers have gone from 15,000 or so employees five or six years ago to big numbers.

They only give us a number once per year.

From 17,000-88,000 employees that is just a really big ramp up that is picking up more we talked about amazon earnings in last week and now the margins are getting slimmer and they are adding 5000 more people?

Can they afford to do this?

The hiring ramp those with extra spending they have been doing.

You look at the free cash flow and that is one place you can see the investment and hard goods.

The billions of dollars -- so far this year, they have spent $4.3 billion in capital expenditures and compare that to two years ago where they spent 1.8 billion the entire year.

This is having a big impact on the bottom line.

Their operating profit margin is our razor-thin.

This text has been automatically generated. It may not be 100% accurate.


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