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Amazon’s employee turnover

Amazon’s rising shipping costs and related initiatives to manage delivery logistics also demonstrate the larger shift toward online shopping. For the first time this year,?shoppers surveyed by Deloitte?say they are planning to spend a majority of their holiday budgets online — 51 percent — compared with 42 percent in store, and 7 percent through catalogs and direct mail. Adobe reported?that a record .59 billion was spent online in the U.S. on Cyber Monday, an increase of 16.8 percent year-over-year — the largest online shopping day in history.

Amazon’s net sales rose 26% to .5 billion in the first quarter, exceeding Wall Street’s expectations as people around the world relied on the company’s massive e-commerce infrastructure during the COVID-19 crisis.

Among the manufacturing cost, Chinese companies only make the battery, Bluetooth and WiFi components, which together cost less than . More expensive components of the iPhone such as the display and processor are made in South Korea, Japan and Taiwan, and China has to import those parts from the above countries and regions to assembly them into an iPhone.

Amazon’s third win of the night was for “The Salesman,” which won best foreign language film.