Did This Company Make a Tight Labor Market Worse?
One of the common themes throughout the pandemic was the shortage of labor. After an initial wave of layoffs, many stayed home and shunned opportunities to get back into the workforce for a variety of reasons.
But several companies have added workers since the end of 2019. For them, business boomed and they expanded accordingly. One stands out above the rest. Amazon (NASDAQ: AMZN) actually doubled the number of employees over the past two years. It helped the company meet unprecedented demand, but now its shareholders are paying the price. Does that make it time to sell the stock or be patient as e-commerce growth catches up to the added capacity?
Image source: Getty Images.
Source Fool.com
