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Many Amazon warehouse employees struggle to pay the bills. More than 4,000 are on food stamps. Some are even homelesshttps://www.bloomberg.com/news/features/2020-12-17/amazon-amzn-job-pay-rate-leaves-some-warehouse-employees-homeless …
Amazon opens U.S. warehouses at the rate of about one a day. It’s transforming the logistics industry from a career destination with the promise of middle-class wages into entry-level work https://bloom.bg/3r07CUS pic.twitter.com/eIsNQV8GlA
Amazon has hired more than 250,000 people to keep up with surging demand from home-bound shoppers. Risking infection while in a crowded warehouse for $15 an hour has many workers asking if they’re getting shortchanged https://bloom.bg/3r07CUS pic.twitter.com/GpnWrLQNYD
Among economists, there’s a debate about whether the company is creating a kind of monopsony. A Bloomberg analysis of government labor statistics reveals that in community after community where Amazon sets up shop, warehouse wages tend to fall https://bloom.bg/3r07CUS pic.twitter.com/JM449zQFMJ
While Amazon’s arrival coincides with rising pay in some southern and low-wage precincts, the opposite is true in wealthier parts of the country, including the northeast and Midwest https://bloom.bg/3r07CUS pic.twitter.com/Ww1MppxOgD
After 20 years of trial and error, Amazon has turned its fulfillment centers into finely tuned assembly lines, often grueling workplaces. Workers receive about one day of training and are put on the line to see if they have what it takes https://bloom.bg/3r07CUS pic.twitter.com/8Jwu12SR6L
We interviewed 42 employees in 20 states. Some enjoy the work and say news reports of warehouse travails can be overblown. But most say there’s little opportunity to move up in an environment where a handful of people per shift oversee an entire facility https://bloom.bg/3r07CUS pic.twitter.com/igJpBQRfAN
Jeff Bezos, whose wealth grew about 65% this year as his company posted record sales and profits, has so far managed to keep unions out of his U.S. operations. Now that’s being challenged https://bloom.bg/3r07CUS pic.twitter.com/VMROyZJj9V
Amazon today reported earnings for its third fiscal quarter of 2020, including revenue up 37% to $96.1 billion. That is whole HELL of a lot of greenbacks .. Jeff give up some to help your poor employees be like your ex -wife and feel some humanity!
If Amazon paid just 10% of their profits in salary, the minimum pay would be $75,000 a year.
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