Wall Street PR

Amazon.com, Inc. (NASDAQ:AMZN)’s Workers Call Off Strike At Warehouses But Warn Reoccurrence

Boston, MA 09/26/2014 (wallstreetpr) – Amazon.com, Inc. (NASDAQ:AMZN) reported that the workers’ strike at its Germany warehouses has come to an end without the company engaging into any wage talks. The e-commerce company did not report any delay in scheduled deliveries because of the incidents.

Workers’ Dissatisfaction

According to an article published by the New York Times, the union members of Amazon had organized strikes in as many as five of the company’s warehouses in Germany. The strikes lasted three days, but have now been resolved, and the company reported no delays of schedules deliveries because of the events. In addition, Amazon.com, Inc. (NASDAQ:AMZN) said that it did not enter into any negation talks or wage talks with the workers to end the strike.

In this context, the retail and service workers’ union, Ver.di’s spokeswoman, Stefanie Nutzenberger, said that if the company does not engage in wage talks, workers will continue to pressure it. She mentioned that they might call strikes again as long as the management does not agree to negotiate.

Unsettled Dispute

The disruption of work began with Monday’s initial shift at four of the Amazon.com, Inc. (NASDAQ:AMZN)’s shipping centers. The unrest then expanded to one more location, covering five of the total nice warehouses in the country. However, there is still a disagreement between the union members and the company, as to how many employees participated in the strikes.

According to Ver.di, as many as 2,000 workers declared to surrender work within the initial two days of the strike. Her calculations were based on the number of employees who signed for strike pay. The worker strength that participated in the strike increased on Wednesday Ver.di claimed. Amazon.com, Inc. (NASDAQ:AMZN), on the other hand, said that the numbers were lesser, posting snapshots of working people in its warehouses in Rheinberg, Graben and Bad Hersfeld. A spokeswoman for the company, Anette Nachbar, claimed that the company tracks the number of workers that badge every day. She proposed a figure of 1,300 for the day.

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.