Union troubles for Amazon have not been contained to the U.S. In November, a judge even ordered Amazon to “cease and desist” its retaliation against unionization efforts. union being formed last April, and the company lost initial efforts to overturn this unionization.
To top it off, Amazon has had to deal with a rising wave of unionization efforts around the world under Jassy’s leadership.Ī labor battle in Staten Island, N.Y., culminated in the company’s first U.S. Jassy has been personally outspoken against Congress’s proposed antitrust ruling to rein in tech giants, calling multiple senators last June in a ferocious lobbying effort to oppose the bill. Jassy has also had to handle increasing animosity from Congress, where bipartisan lawmakers threatened Big Tech companies with stricter antitrust regulation last year, while Amazon narrowly avoided a multibillion-dollar antitrust fine in Europe last month. In addition to the company’s plummeting value, Amazon has been battered by rising inflation and supply-chain constraints over the past two years that has dragged down consumer spending and stymied the company’s relentless rise over the past two decades. Replacing him was Andy Jassy, former CEO of Amazon Web Services, the company’s cloud computing branch.īut Jassy’s tenure at the helm of Amazon has been rocky at best as the new CEO faced a number of challenges. Amazon’s troubled watersīezos left his role as Amazon CEO in 2021-while holding on to a position as executive chairman-to focus on side projects and other ventures, including his space exploration and rocket manufacturing company, Blue Origin. The company’s losses over the past year have forced it to plan for mass layoffs over the next few months affecting more than 18,000 jobs-the largest workforce reduction in the company’s history.Īmazon did not immediately reply to Fortune’s request for comment.
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