Workers Rename Black Friday As 'Make Amazon Pay Day' As German Trade Union Calls For Strike
Portfolio Pulse from Benzinga Neuro
The German trade union Verdi has called for a strike at five Amazon Inc. (NASDAQ:AMZN) distribution centers in Germany on Black Friday. This action is part of an ongoing dispute since 2013 over Amazon's pay arrangements. Despite the strike, an Amazon spokesperson claimed that the participation is low and that deliveries will not be affected.
November 24, 2023 | 5:18 am
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Amazon faces a strike at five distribution centers in Germany on Black Friday, potentially affecting one of the busiest shopping days. However, Amazon claims the strike has low participation and assures on-time deliveries.
While the strike could potentially disrupt operations on a significant sales day, Amazon's statement about low participation and the promise of on-time deliveries suggest a limited impact on the company's performance. The ongoing nature of these disputes indicates that the market may have already partially priced in such events.
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