Debt Financing Nexus
No Result
View All Result
  • Login
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
Subscribe For Alerts
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
No Result
View All Result
Debt Financing Nexus
No Result
View All Result
Home Markets

Amazon Faces ‘Largest Day’ of Strike Action Ever on Black Friday. The Stock Isn’t Being Hit.

News Room by News Room
November 24, 2023
Reading Time: 2 mins read
0
Amazon Faces ‘Largest Day’ of Strike Action Ever on Black Friday. The Stock Isn’t Being Hit.

Black Friday is here again and so is another annual event— strikes and other labor actions against
Amazon.com.

Labor groups claimed that Friday was the biggest day of strike action in
Amazon
‘s (ticker: AMZN) history as they looked to overshadow an expected surge in spending with the e-commerce giant for the period from Thanksgiving through to Cyber Monday.

The Make
Amazon
Pay campaign, coordinated by the UNI Global Union, said strikes and protests would take place in more than 30 countries. 

In the U.K., the GMB union said more than 1,000 workers at a warehouse in Coventry would put down tools in a dispute over pay, while there also would be a protest at Amazon’s headquarters in London. In Germany, the Verdi union called on Amazon workers to go on an all-day strike, with the action affecting five logistics sites. 

“Today will see the largest day of industrial disruption in Amazon’s thirty-year history,” said GMB organizer Amanda Gearing in a statement. 

An Amazon spokesperson said in an emailed statement to Barron’s that the company didn’t expect any disruption to customers.

“We offer great pay and benefits for our employees, with great career opportunities, and provide a modern and safe working environment for all,” the spokesperson said.

Amazon shares were up slightly in premarket trading.

In the U.S., Amazon could face a wave of labor action after workers at a site in New York voted to form the first American union at the e-commerce giant’s facilities last year. However, several subsequent union drives have failed.

Recent union efforts in the U.S. instead have focused on delivery drivers. The Teamsters union said earlier this week that workers have picketed 25 warehouses around the U.S. in recent months. Amazon doesn’t directly employ its American delivery drivers, who are contracted via “delivery service partners.”

Write to Adam Clark at [email protected]

Read the full article here

ShareTweetSendSend

Related Posts

Options traders are bracing for a stock-market crash
Markets

Options traders are bracing for a stock-market crash

March 6, 2025
Why bitcoin bulls aren’t happy about Trump’s plans for something they’ve long wanted: a crypto reserve
Markets

Why bitcoin bulls aren’t happy about Trump’s plans for something they’ve long wanted: a crypto reserve

March 5, 2025
U.S. stocks are being trounced by Europe as Trump retreats from Ukraine, focuses on ‘America First’
Markets

U.S. stocks are being trounced by Europe as Trump retreats from Ukraine, focuses on ‘America First’

March 4, 2025
What’s Next For Alaska Air Stock After A 24% Fall This Year And A Downbeat Q3?
Markets

Will Alaska Air Stock Rebound To Its Pre-Inflation Shock Highs Of $70?

November 28, 2023
Bitcoin Remains Under Pressure but ‘Correction Could Be Complete’
Markets

Bitcoin Price Slips Back From 18-Month High. What’s Next.

November 28, 2023
Down 4% This Week What’s Next For Deere Stock After Downbeat 2024 Guidance?
Markets

Down 4% This Week What’s Next For Deere Stock After Downbeat 2024 Guidance?

November 27, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Debt Financing Nexus

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent Posts

  • Home delistings surge as sellers struggle to get their price
  • Trump administration serves a final blow to end Biden’s SAVE student loan program
  • Ford CEO hails Trump fuel standards reset as a ‘victory’ for affordability and common sense

Categories

  • Banking
  • Business
  • Credit Cards
  • Crypto
  • Economy
  • Finance
  • Investing
  • Loans
  • Markets
  • Mortgage
  • Real Estate
  • Saving
  • Taxes
  • Uncategorized
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

© 2025 Debt Financing Nexus. All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto

© 2025 Debt Financing Nexus. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.