Amazon Workers on Strike

29 June 2020

    Workers at six Amazon sites in Germany have declared they are going on strike following reports of some staff at logistics centres testing positive for coronavirus. Concerned for their safety, employees plan to strike for at least 48 hours, under the idea that the retail giant is not transparent as to number of cases identified.

     

    "We have information that at least 30 to 40 colleagues were infected," said Verdi representative Orhan Akman.

     

    It is not the first time Amazon is facing labor union accusations for low pay and poor working conditions, but the pandemic case may just be the tipping point on the scales. Nevertheless, Amazon has so far rejected accusations, stating that as of June it had invested $4 billion on measures to protect its workforce and clients from the risk of contracting COVID-19.

     

    We wonder, how will the AMZN stock react?


    *The products advertised are only available to clients under Fondex Limited Seychelles (SDL No: SD037).

     

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