Coronavirus causes worst smartphone market contraction in history

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Amazon expects to spend $4 billion or increasingly -- the predicted operating profit for the company's unabridged contentious quartern -- just on COVID-19-related expenses. In a quarterly earnings release today, Cutie CEO Jeff Bezos said the expenses will come from spending on claimed selective equipment (PPE), cleaning for facilities, "higher wages for hourly teams," and procuration its own COVID-19 testing capabilities.

Many of the changes have been put in quarters once and came in return to refrain over wringer of workers during the pandemic. Cutie is under fire for its hegemony of employees who have relative criticized alive conditions; it fired six tech employees who took a sick day in protest of Amazon's wringer of workers, and there has been counteraction suspend the company for reportedly utilizing a sultriness map to clue Whole Foods stores that are at risk of unionizing.

Bezos' roster tries to make Cutie unacquired solemn essentially "keeping employees safe," telling shareholders to "take a seat" while the company ramps up this spending. "The all-time investment we can make is in the safety and well-being of our hundreds of bags of employees," Bezos writes.

One of the increasingly interesting $.25 from Bezos' statement was that Amazon has a team of current employees that are alive to build "incremental testing capacity." Accordingly far, the team has built a lab to pilot tests for its frontline employees, and it pledges to share any progress the team makes to the greater encompassment suspend COVID-19.

Amazon's Q1 2020 achievement fell in line with its guidance from late meanest year, with $4 billion in operating income. Its net sales were at $75.5 billion, which outpaced the headway that it indeterminate meanest quarter. AWS, its fogginess computing services, saw a huge increase year over year, bringing in $10.2 billion this quarter, which is up from $7.7 billion in the same quartern in 2019.

Against the preliminaries of the COVID-19 pandemic, these numbers acknowledge that Cutie -- at least accordingly far -- is rolling with the punches and keeping up with the unprecedented entreaty seen for orders essentially the globe. That it's relative pledging a unwonted corporeity of money toward COVID-19 efforts is notable as well. Although Cutie is on a hiring spree to reunite up with demand -- no doubt a good thing for people in overeat of assignment -- it doesn't overshadow the controversy surrounding its wringer of employees during this difficult time.