GMBStaff

 24 Nov 23

tl;dr

E-commerce giant Amazon is facing protests from its workers across Europe over low pay and poor working conditions, timed to coincide with the Black Friday and Cyber Monday sales. The protests are aimed at disrupting Amazon's warehouse operations and preventing goods from getting to its parcel ...

E-commerce giant Amazon is facing protests from its workers across Europe over low pay and poor working conditions, timed to coincide with the Black Friday and Cyber Monday sales.

The protests are aimed at disrupting Amazon's warehouse operations and preventing goods from getting to its parcel lockers on what is one of the busiest shopping days of the year. The German trade union Verdi has called on its members to strike at five distribution centers in the country on Black Friday, while trade unions in Italy, France, and Spain are also planning similar actions. The global movement 'Make Amazon Pay' has organized strikes and protests in over 30 countries during the Black Friday through Monday period.

These actions are part of an ongoing effort by Amazon employees and their supporters to advocate for better wages and working conditions, with the aim of pressuring the company to make meaningful changes to its labor practices. The protests highlight the global reach and impact of labor movements in response to corporate practices.

More about Amazon.com Inc

Key financial metrics for Amazon.com, Inc. include a market capitalization of $1.516 trillion, a stock price of $3,372.20, a price-to-earnings ratio of 76.81, and a dividend yield of 0.0362%. The company's stock performance has seen a one-year return of 53.95% and a three-year return of 157.89%. Market sentiment towards Amazon.com, Inc. is positive, with a beta of 1.91 indicating higher volatility compared to the market and an earnings per share of 2.357.

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