Market
Amazon experiences significant holiday sales disruption due to strike?
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Financial reports from Amazon, major news outlets covering Amazon's holiday sales performance
Story
Teamsters Launch Largest Strike Thursday Morning at Seven Amazon Facilities Ahead of Christmas
Dec 19, 2024, 12:20 PM
The International Brotherhood of Teamsters has announced that workers at seven Amazon facilities across the United States will begin striking on Thursday morning. This action is described by the union as the largest strike against Amazon in U.S. history, occurring just days before Christmas. The strike aims to pressure the e-commerce giant into negotiating a labor agreement during a crucial shopping period. The Teamsters' decision reflects ongoing tensions between the union and Amazon, as workers seek improved labor conditions and agreements.
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Moderate impact (5-10% decrease) • 25%
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Positive impact • 25%
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