Amazon Slapped With $35M Fine By French Privacy Watchdog For 'Excessively Intrusive' Employee Monitoring
Portfolio Pulse from Benzinga Neuro
Amazon.com Inc (NASDAQ:AMZN) has been fined $35 million by France's CNIL for using an 'excessively intrusive system' to monitor its warehouse employees, violating EU privacy rules. Amazon disputes the findings and may appeal. This adds to the controversies around Amazon's employee management practices, including 'quiet firing' and strict office attendance guidelines.

January 24, 2024 | 7:50 am
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Amazon.com Inc faces a $35 million fine for violating EU privacy rules through intrusive employee monitoring, which it plans to contest. This could affect its reputation and operational practices in the EU.
The fine and negative publicity from the CNIL's decision could lead to short-term reputational damage for Amazon, potentially affecting investor sentiment and stock price. However, the financial impact of the fine itself is relatively small compared to Amazon's overall revenue and cash reserves. The company's intention to appeal indicates that the final outcome is not yet certain, which may mitigate the immediate impact.
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