Top unions call for closure of all Amazon warehouses — experts say it would be disastrous [Yahoo! Finance News]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance News
Aconfrontation this week between Amazon and its U.S. warehouse workerscoronavirus outbreakAMZNA nationwide closure would be crushing for the company, crippling its distribution network amid a spike in demand for Amazon’s delivery service as hundreds of millions have been forced into their homes, several logistics experts and a Wall Street analyst told Yahoo . Still, the experts acknowledged that the company will likely have to reach a middle ground with the workers.Dale Rogers, a professor of logistics and supply chain management at Arizona State University, called potential widespread warehouse closures “disastrous,” noting that even if the closures were temporary, it would prove challenging for the company to quickly reopen the large facilities.“People think you can turn something off and turn it back on, and it works the same — but that’s not the case,” Rogers adds. “Right now they’re being asked to deliver a lot more stuff to meet more demand.”Warehouse closures would deliver a “b
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 12/11/24 - Form 4
- 12/9/24 - Form 144
- 12/6/24 - Form 4
- AMZN's page on the SEC website