Amazon workers in New York withdraw petition for union vote
$Amazon(AMZN.US$ workers in Staten Island, New York have reportedly withdrawn a petition to hold a vote to unionize.
The National Labor Relations Board confirmed that a group of Amazon workers withdrew their petition, according to an Associated Press report. The NLRB was set to hold a vote in less than two weeks on if there was enough interest for a union at an Amazon distribution center.
Earlier this year, Amazon workers at a fulfillment center in Bessemer, Alabama, voted against forming a union. The NLRB accused the company of tampering with the vote with an anti-union push, a claim the e-commerce giant denied.
In September, The Teamsters Union, one of the largest labor unions in the United States, reportedly campaigned to organize Amazon employees in at least nine facilities in Canada.
Also see, Starbucks readies for battle as union vote begins in Buffalo.
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wild horse : Antitrust potential ramifications keep piling on for AMZN around the world…very risky stock….here is one of many..
https://www.moneycontrol.com/news/business/amazon-indias-malpractices-induce-calls-of-probe-and-us-antitrust-bill-7588281.html/amp
“Amazon India's 'malpractices' induce calls of probe and US antitrust bill”
Constant head winds like this keeps piling on for AMZN stock, while their competitors who are agnostic about helping businesses on ALL marketplaces, social media, big box online store, direct to consumer, point-of-sale, etc….are being cheered by regulators. This will cause AMZN competitors to skyrocket while AMZN gets handcuffed at every step.
Avoid AMZN for me…likely much better investment gains in e-commerce elsewhere.
Milenko : Automation is here to save the consumer
T_shares : These major labor issues worry me as an AMZN shareholder.
EEC6iRWd4p : Glad to see sanity prevail.
TvhXCjkODq : They got a taste of Biden’s socialist paradise & ran for the hills. Things you should teach your kids: Socialism has failed every time in history
vYcu5FgULx TvhXCjkODq : Social democracies; however, are highly successful and healthy societies.
KHVgqUvpZS TvhXCjkODq : Socialism like FDR is wildly popular and good for the people which is Biden. Venezuelan Socialism which is corrupt and favors only the ruling party is awful for the people. This is like Rump. Biden will overwhelmingly win in 2024 because of his 2 huge bills which benefit the people. Inflation by then will return to normal levels.