How will Amazon's stock price change by March 31, 2025, due to the strike?
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Stock market data from credible financial sources
10,000 Amazon Workers Strike at 7 Facilities Across 4 States, Led by Teamsters Union
Dec 21, 2024, 08:40 AM
Amazon workers, represented by the Teamsters union, have initiated a strike at 7 facilities across 4 states in the U.S., marking the largest strike against the company in its history. The strike, which began on December 19, involves approximately 10,000 workers at locations in New York, Atlanta, California, and Illinois. The workers are demanding better wages, improved benefits, and safer working conditions. Amazon, a $2 trillion company, has been accused by the union of refusing to negotiate a contract and ignoring a deadline set by the Teamsters. The company maintains that the strike will not impact its operations and denies that the Teamsters represent its employees. The strike at Amazon's Staten Island warehouse, known as JFK8, is significant as it is the company's largest union facility in New York City and the first Amazon location where workers voted to unionize.
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