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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
RetailAmazon

A Prime Day Surprise: Amazon Strikes Continue to Spread Across Europe

By
Grace Dobush
Grace Dobush
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By
Grace Dobush
Grace Dobush
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July 17, 2018, 7:03 AM ET
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It’s Christmas in July for Amazon, but during its 36-hour Prime Day promotion, warehouse workers across Europe are striking.

Chief executive Jeff Bezos has repeatedly come under fire for the working conditions in his company’s warehouses. Nearly 1,800 workers in Spain were striking as of Monday, according to labor activists there.

In Germany, hundreds of workers in six locations across the country were striking today and tomorrow. Amazon employs a total about 16,000 workers in its German warehouses and has refused since 2013 to enter collective wage negotiations with labor union Verdi.

“The message is clear—while the online giant gets rich, it is saving money on the health of its workers,” said Verdi spokeswoman Stefanie Nutzenberger in a statement.

In Poland, the call was work-to-rule, with Amazon employees reporting to their jobs but doing the bare minimum of work required. A spokesperson in Poland defended Amazon (AMZN), saying the company had invested €15 billion ($17.6 billion) and created more than 65,000 jobs in Europe.

Despite website crashes and labor disputes, Prime Day was expected to bring in $3.4 billion for Amazon this year, up 40% from last year, per Coresight Research.

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