In an interesting turn of things, a leaked internal memo from Amazon dated back to the mid of 2021 showed that the company could run out of warehouse workers by 2024.
Amazon, along with Walmart and Target, continues to suffer from high staff turnover across logistics & warehousing (the industry average stands at 49%, but is higher at the big three).
This has resulted in companies offering incentives, wage increases, and flexible working hours to retain top talent, with margins shrinking as a result.
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