It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Thursday, October 10, 2013

AMZN Likely to Face Strike in Christmas

http://www.zacks.com/stock/news/111455/amzn-likely-to-face-strike-in-christmas

As per reports, German labor union – Verdi – has already launched a one-day strike at two major distribution warehouses – Bad Hersfeld and Leipzig – and could continue till Christmas if their demand is not fulfilled. However, Amazon claims that the current wages are above-average in the logistics industry.
Germany is Amazon’s biggest European market, with sales reaching more than €6.5 billion in 2012. Though Amazon assured that previous strikes had not affected the deliveries, the current strike could be a matter of worry for Amazon. Christmas is the peak shopping period and any strike during that period could impact Amazon’s sales and profit figures.


No comments:

Post a Comment