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Amazon made $64,809,782.60 in revenue every hour in Q3 2023. Source: https://www.junglescout.com/blog/how-much-does-amazon-make-i...
B. California is <0.5% of world population; IDK how much of Amazon's worldwide revenue.
Earlier quoted context omitted.
How much of that was from Californian warehouses? Because if you don’t do that math, the fine gets overturned by the courts. That not only reduces the deterrence factor. It delays private enforcement by the harmed employees who would have otherwise relied on the commission’s facts in court without the colour of them being overturned on appeal.
The fine doesn't even amount to a slap on the wrist. It's like if someone stole $1000 worth of merchandise from a store and the only punishment is a $1000 fine... and you get to keep what you stole. Why be law abiding when you could break the law and potentially make more money? You'd have to be stupid to be law abiding in a system like that.
No, it's not like that at all. The fine was for two specific locations and it was for not disclosing specific quotas in writing. Drawing analogies to a person stealing from a store doesn't make sense.
The fine was likely calculated to offset any potential gains they may have made by failing to disclose quotas, whatever that may be. So again, your analogy about getting to keep what you stole doesn't make sense.
Basically none of these analogies or proportionality arguments in this thread make sense at all. I suspect half of the reason is that nobody read past the headline far enough to realize that it was for two specific locations, not for Amazon the entire giant business. The people trying to use Amazon's total earnings across all business units across all locations as part of their argument are extremely misleading.
$5.9M is not even a rounding error for a $2T corporation.
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Sigh. HN users aren't saying that. They get upset because the fine is utterly fucking irrelevant and does not serve as a deterrent in any way shape or form.
All of these comments getting upset because they're comparing it to all of Amazaon's revenue from all business units everywhere are either missing the point or they didn't actually read the article.
If an individual jurisdiction started levying fines against companies for local violations as a percentage of their entire revenue across the company, the only logical response would be for those companies to shut down and pull out of those locations.
All of these calls to calculate fines for small, local violations based on global revenues are absolutely insane.
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Good idea, I think that’s a healthy minimum. If C level fellas were aware of the violations or didn’t do their due diligence then let’s say a 5 year minimum prison sentence.
We talk of "overcriminalization."
Earlier quoted context omitted.
In Finland, speeding fines are based on your income. Can we have that, but for corporations?
I like the idea. If you're a startup that's losing money, you can get paid by the government to commit crime?
Plus standard baseline?
1. Proportionality. Fines should be proportional to the company's size, revenue, and the severity of the violation. The financial impact should be significant enough to grab the company's attention and incentivize change. 2. Escalating penalties. Implement a system of escalating penalties for repeated violations w/increased monitoring. 3. Transparency. Publicly disclose the details of labor violations and the fines i…
One I always advocate for regarding smaller businesses that do this. Legally you must to list your previous business names for 5 years. So "Super happy Mega Global tech - Formerly Bastards Inc." That way you cannot just name change away your reputational problems.
1. Proportionality. Fines should be proportional to the company's size, revenue, and the severity of the violation. The financial impact should be significant enough to grab the company's attention and incentivize change. 2. Escalating penalties. Implement a system of escalating penalties for repeated violations w/increased monitoring. 3. Transparency. Publicly disclose the details of labor violations and the fines i…
This is a fine for a local violation. Trying to make it proportional to the entire company's size (which expands far beyond those locations and even business types) would be insane.
The fines are calculated in proportion to the estimated damage and potential profits.
> Escalating penalties. Implement a system of escalating penalties for repeated violations w/increased monitoring.
Fines for repeat violations would be higher, so no need to be upset.
> Transparency. Publicly disclose the details of labor violations and the fines imposed.
Literally in the article. Did anyone read the article? Why are we upset about things that are already explained in the article?
> Targeted sanctions. Temporary suspension of licenses, government contracts, at local, state & federal level.
You want to suspend the Amazon warehouse's license for their first violation for not properly disclosing quotas in writing?
Do you have any idea what happens when you do this? The people employed there are laid off. They lose their jobs. Why would anyone assume that you can just shut down companies and the only people who suffer are some abstract group of executives somewhere?
Amazon made $64,809,782.60 in revenue every hour in Q3 2023. Source: https://www.junglescout.com/blog/how-much-does-amazon-make-i...
This is tough because we had fine ceilings for a good reason. But maybe we should start considering proportional charges (+ maybe a fine floor) at this rate.