China extends anti-dumping duties on stainless steel imports
China's Ministry of Commerce announced Monday it will extend anti-dumping duties on specific stainless steel imports from the European Union, United K...
Amazon workers at multiple US facilities have gone on strike, demanding fair pay and benefits, as the retailer faces mounting pressure during the final days of the holiday shopping season.
Amazon employees at several facilities across the United States have launched strikes in an effort to push the retail giant into union contract discussions. The industrial action comes during the critical final days of the holiday season, as the company works to fulfil a surge of orders ahead of Christmas.
Hundreds of workers from cities including New York, Atlanta, and San Francisco have walked off the job, citing grievances over pay and working conditions. Protesters accuse Amazon of offering unfair wages and inadequate benefits, despite the physically demanding nature of their roles.
Despite the disruption, Amazon has stated it does not anticipate any impact on its operations, with its shares trading 1.5% higher in pre-market hours – a reflection of investor confidence.
Earlier this year, the company announced a $2.1 billion investment to increase wages for fulfilment and transportation employees across the US, raising base salaries by approximately 7%. However, critics argue that the pay rise falls short of addressing broader concerns about working conditions.
As the world’s second-largest private employer after Walmart, Amazon employs more than 800,000 people at its US warehouses. Yet, experts suggest the company is unlikely to engage in union negotiations, fearing it could lead to further organised actions across its workforce.
The strikes underscore growing tensions between Amazon and its employees as the company continues its rapid expansion.
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