For Amazon workers in Minnesota, Prime Day means protest

From today’s Washington Post:

As a “rebinner” at an Amazon fulfillment center outside Minneapolis, Meg Brady says she is expected to handle 600 items per hour, constantly pivoting on her feet to grab one item and place it in a nearby chute.

Brady, 55, compared the job to an aerobics workout — one she says has left her with a stress fracture in her foot and on short-term disability for almost two months.

She’s been an Amazon employee for a year and seven months. And on Monday afternoon, she joined a small group of her fellow workers and dozens of other protesters outside the cavernous warehouse to demonstrate against the company’s working conditions, benefits and corporate culture. The protest took place on the first day of Prime Day, one of Amazon’s flagship shopping events that generates billions of dollars in sales for the retail giant.

“To actually get out and say [to Amazon], ‘You’re not doing a good job,’ that’s not an easy thing to say,” Brady said. “Because Amazon is so huge, you do feel like you’re this small person trying to fight a giant.”

Amazon has long defended how it compensates and treats workers, and the company argues that employees don’t need to form a union because Amazon already provides comprehensive benefits. Last year, Amazon raised its minimum wage to $15 an hour for all U.S. employees, and chief executive and founder Jeff Bezos has challenged his retail rivals to do the same. Last week, the company announced it would retrain one third of its U.S. workforce — a total of 100,000 employees — to prepare them for increasingly tech-centered jobs. (Bezos also owns The Washington Post.)

But Amazon has still come under increasing scrutiny from workers rights groups, lawmakers and politicians over issues ranging from corporate taxation to market competition. Amazon’s growing power has drawn particular attention on the 2020 campaign trail, with calls to break up the tech giant or more heavily regulate its vast empire. On Monday morning, presidential candidate and Elizabeth Warren (D-Mass.) tweeted in support of the strikers, saying that “Their fight for safe and reliable jobs is another reminder that we must come together to hold big corporations accountable.”

Read the complete article here.

Amazon announces it’s raising minimum wage for U.S. workers to $15 per hour

From today’s Los Angeles Times:

Amazon is boosting its minimum wage for all U.S. workers to $15 per hour starting next month.

The company said Tuesday that the wage increase will benefit more than 350,000 workers, which includes full-time, part-time, temporary and seasonal positions. It includes Whole Foods employees. Amazon’s hourly operations and customer service employees, some who already make $15 per hour, will also see a wage increase, the Seattle-based company said.

Amazon raising minimum wage for U.S. workers to $15 per hour

Amazon has more than 575,000 employees globally. Pay for workers at Amazon can vary by location. Its starting pay is $10 an hour at a warehouse in Austin, Texas, and $13.50 an hour in Robbinsville, N.J. The median pay for an Amazon employee last year was $28,446, according to government filings, which includes full-time, part-time and temporary workers.

Amazon said its public policy team will start pushing for an increase in the federal minimum wage of $7.25 per hour.

“We intend to advocate for a minimum wage increase that will have a profound impact on the lives of tens of millions of people and families across this country,” Jay Carney, senior vice president of Amazon global corporate affairs, said in a statement.

Read the complete article here.

Amazon is considering up to 3,000 cashierless AmazonGo stores by 2021

From today’s Los Angeles Times:

Amazon.com Inc. is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with the matter, an aggressive and costly expansion that would threaten convenience chains such as 7-Eleven Inc., quick-service sandwich shops such as Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks.

Amazon is considering up to 3,000 cashierless AmazonGo stores by 2021

Amazon Chief Executive Jeff Bezos sees eliminating meal-time logjams in busy cities as the best way for Amazon to reinvent the brick-and-mortar shopping experience, during which most spending still occurs. But he’s still experimenting with the best format: a convenience store that sells fresh prepared foods as well as a limited grocery selection similar to 7-Eleven franchises, or a place to simply pick up a quick bite to eat for people in a rush, similar to the U.K.-based chain Pret a Manger, one of the people said,

An Amazon spokeswoman declined to comment.

The company unveiled its first cashierless store near its headquarters in Seattle in 2016 and has since announced two additional sites in Seattle and one in Chicago. Two of the new stores offer only a limited selection of salads, sandwiches and snacks, showing that Amazon is experimenting with the concept simply as a meal-on-the-run option.

Read the complete article here.

Amazon, JPMorgan, Berkshire Hathaway team up to lower healthcare costs for their workers — and maybe everyone

From today’s LA Times:

Three of the nation’s most formidable companies — Amazon.com, Berkshire Hathaway Inc. and JPMorgan Chase & Co. — sent shock waves through the healthcare industry Tuesday by announcing a joint plan to reduce healthcare costs for their U.S. employees.

Although the companies said their focus mainly would be on providing improved healthcare for their own U.S. workers, which total nearly 1 million, the move immediately triggered speculation that any solutions they develop could spread throughout the industry.

That sent healthcare, drug and health-insurance stocks tumbling even though the three companies provided few initial details about their venture, with investors guessing that the trio’s initiative eventually could crimp sales growth and profits for others in the healthcare field.

Consumers might see a benefit if the companies could develop a blueprint for curbing the surge in healthcare and drug costs while maintaining or enhancing patient care, a scenario that government and the industry so far have struggled to achieve.

The speculation of a disruption to the industry was fueled by the stature of the three companies’ billionaire chief executives: Amazon’s Jeff Bezos, who already has radically changed the retail industry; Warren Buffett, the famed investor who also oversees dozens of companies under Berkshire’s umbrella; and Jamie Dimon, whose JPMorgan Chase is the nation’s largest bank with $2.5 trillion in assets.

Bezos and Buffett also are two of the nation’s richest people, with net worths of $119 billion and $92 billion, respectively, while Dimon’s net worth is just over $1 billion, according to Forbes.

The three said they would start “an independent company that is free from profit-making incentives and constraints” and that its early focus “will be on technology solutions” that would provide “simplified, high-quality and transparent healthcare at a reasonable cost.”

Read the complete article here.