E-commerce giant Amazon confirmed this week to CNBC that it would be ending wage increases and double overtime pay starting in June. The company will only be extending hourly wage increases and double overtime pay for warehouse workers until May 31st. It was in March that Amazon had said it would be raising the hourly … Continue reading “Amazon Will Be Ending This in June and Some May Be Very Unhappy”
Tag: Amazon
Company News
AMC Shares Pop On Rumors of an Amazon Takeover
Shares of struggling AMC Entertainment were rising on Monday as rumors spread that e-commerce giant…
May 11, 2020
Company News
Amazon Reports Earnings and Says All of Q2 Profit Will Go to Responding to Coronavirus
E-commerce giant Amazon reported its earnings on Thursday after the bell and said it saw…
May 1, 2020
Amazon May Start Testing Workers for Coronavirus
Amazon announced this week that it has put together a dedicated team that is working…
April 10, 2020
Hot Stocks
Amazon Says it Could Fire Warehouse Workers Who Do This
E-commerce giant Amazon, which has been under major pressure in recent weeks to offer more…
April 6, 2020
Company News
NY is Urging Amazon’s Jeff Bezos to Close Warehouses Hit by Coronavirus
As many as 45 New York lawmakers, top unions, and even Amazon employees, are urging…
April 2, 2020
Hot Stocks
Apple and Amazon Sign Agreement for Rental Movies Through Prime Video
Tech giants Apple and Amazon have a new agreement where you can rent movies through…
April 1, 2020
Company News
Whole Foods Employees May Strike This Week
Tuesday may be the day that Amazon owned Whole Foods employees will strike over the…
March 30, 2020
Senators Want Amazon CEO To Give Warehouse Workers Sick Leave
Several senators wrote a letter to Jeff Bezos, the CEO of Amazon, asking him to…
March 21, 2020
Company News
Amazon is Hiring 100,000 More Workers to Do This During the Coronavirus
Cities around the U.S. and the world are going on lock down to help put…
March 16, 2020
Amazon is Telling its Employees to Work From Home
As COVID-19 coronavirus spreads, tech giant Amazon has told its employees all around the world…
March 13, 2020
Hot Stocks
The Top 5 Biggest Tech Companies Lost Over $400 Billion in One Day
Wall Street was in dire straits again on Thursday with the Dow Jones Industrial Average…
March 12, 2020
Hot Stocks
Amazon and Gates Foundation Want to Deliver Coronavirus Test Kits to Homes
Amazon Care, a benefit being piloted for Amazon employees and their families in the Seattle…
March 11, 2020
Hot Stocks
Amazon Tells its NY and NJ Employees to Stay Home
As coronavirus continues to spread in the U.S., e-commerce giant Amazon has told its employees…
March 9, 2020