- The compensation increase will lift the company's operating expenses by $2.75 billion, according to Morgan Stanley analyst Brian Nowak.
- Meanwhile, Amazon's previous investment in warehouse's Kiva robots will increase its fulfillment efficiency and offset the wage increase, he added.
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MORGAN STANLEY: Here's how Amazon can offset $3 billion of wage increases (AMZN)
Amazon's wage hike will take effect in two weeks, and Morgan Stanley says its cost is "manageable." The compensation increase will lift the company's operating expenses by $2.75 billion, according to Morgan Stanley analyst Brian Nowak.
Amazon's wage hike will take effect in two weeks, and Morgan Stanley says the wage-increase cost is "manageable."
Amazon announcedearlier this month that , and Morgan Stanley analysts say the cost is "manageable" as fulfillment efficiency improves from the company's Kiva robots.
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