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Amazon Gets Another Breather As Workers Dump NY Union – Amazon.com (NASDAQ:AMZN) – Stocks to Watch
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Amazon Gets Another Breather As Workers Dump NY Union – Amazon.com (NASDAQ:AMZN)

ByAnusuya Lahiri

Oct 19, 2022
Amazon Gets Another Breather As Workers Dump NY Union - Amazon.com (NASDAQ:AMZN)

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  • Amazon.com, Inc AMZN workers rejected organizing a New York state warehouse by a nearly two-to-one margin serving as another defeat to the countrywide labor union activism.

  • At ALB1, the retailer’s fulfillment center in Castleton-on-Hudson near the state’s capital Albany, employees voted 406 to 206 against joining the Amazon Labor Union in the company’s fourth such contest of the year, Reuters reports.

  • This spring, led by former Amazon employee Christian Smalls, the ALU had scored the first-ever victory for labor groups seeking to unionize Amazon in the U.S., in New York City at one of the retailer’s largest warehouses.

  • Also Read: Amazon’s Pay, Work Condition Woes Come Into Limelight As More Workers Join Unions

  • It marked Amazon workers’ third rejection in forming, including at a second New York City facility and another in Alabama. 

  • The ALU cannot collectively bargain where it won this spring in the borough of Staten Island, either.

  • In 2021, Amazon criticized unions in bathroom signage and workshops.

  • Amazon recently raised its U.S. average starting pay for front-line staff.

  • Michael Pachter, an analyst at Wedbush Securities, said, “If workers feel they are fairly paid, they are less likely to unionize.”

  • Price Action: AMZN shares traded lower by 0.04% at $116.31 in the premarket on the last check Wednesday.

  • Image from Pixabay

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Image and article originally from www.benzinga.com. Read the original article here.

Anusuya Lahiri

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