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Capitalism: Amazon is destroying lot of perfectly fine goods
  • A former Amazon employee claims that there is a weekly plan to destroy about 130,000 units of all kinds of goods, half of which are new and the other half are returned by customers. During peak weeks, the number of destroyed goods reaches 200,000. The company's approach to disposal is not selective - hair dryers, vacuum cleaners, laptops and tablets end up in the scrap, the next day - 20,000 packaged medical masks.

    The news channel was able to access the statistics. The number of goods intended for distribution for charitable purposes and for disposal was found out. It turned out that in one week 124,000 goods were destroyed and only 28,000 were sent to those in need.

    The reason is simple and well known. Amazon not only sells its own products, but is also a platform for many sellers who have the opportunity to store their products in the company's warehouses. The longer a product is stored, the more expensive it is to store it. Finally, at one point it becomes cheaper to give it up for destruction than to store it.

    https://www.itv.com/news/2021-06-21/amazon-destroying-millions-of-items-of-unsold-stock-in-one-of-its-uk-warehouses-every-year-itv-news-investigation-finds

    Nice capitalist practice.