قالب وردپرس درنا توس
Home / Business / 9 challenges Amazon faces on the 25th anniversary

9 challenges Amazon faces on the 25th anniversary



From the break-up of high-powered officials to questions about worker wages and increasing rival competition, the Seattle-based company could face a quarterly crisis.

Sen. Elizabeth Warren doesn't like what she sees in Big Tech. The Democratic presidential candidate issued a plan to break up giant companies such as Amazon ( AMZN ) . She wants to impose new rules on certain types of technology companies that have $ 25 billion or more in annual revenues, and relax some high-profile mergers such as the Amazon's $ 13.7 billion purchase of Whole Foods.
"Today's big-tech companies have too much power – too much power over our economy, our society and our democracy. They have bulldozed competition, used our private information for profit, and tilted the toys against everyone else. And in the process they have hurt small businesses and founded innovation, "wrote Warren in a medium blog posts published in March.

AOC beats Jeff Bezos pay

Rep. Alexandria Ocasio-Cortez has beaten Amazon's CEO Bezos to be a billionaire while his company pays its warehouse workers what she called "hunger wages".

Recently, in an interview with ABC News, she said that the company's low salary has helped make Bezos the world's richest person.

In an answer to the New York Democrat, Amazon said she was "just wrong". The company says it pays a $ 1

5 minimum wage and gives full benefit to employees in the first few days of work. It also noted that raising the federal minimum wage has been lobbied.

Senator Bernie Sanders has also made similar arguments against Amazon's wages.

Biden sets the Amazon taxes

Joe Biden beat Amazon over the amount of corporate tax it pays.

"I have nothing against Amazon, but no company that draws in billions of profits, should pay a lower tax rate than firefighters and teachers. We must reward work, not just wealth," he said on Twitter. The twin of the former vice-president and the presidential presidential hopeful referenced a corporate tax credit that Amazon received in 2018.

Amazon responded and said in a tweet that the company pays "every dollar we owe." It adds, "The Congress has drafted tax laws to encourage companies to reinvest in the US economy. We have $ 200B in investments since 2011 and $ 300K in jobs. Suppose VP Bids's complaint is without tax code, not Amazon."

Trump examines post-contractual agreement

Amazon does not get much statement from the Trump administration, thanks to the president's steak with Amazon founder and CEO Jeff Bezos as well as US postal service.

Last year, Trump ordered a federal workforce to investigate the postal service's finances because he believes Amazon is exploiting the agency. At the root of all this drama is probably Bezos' ownership of The Washington Post, which has published stories that are unfavorable to Trump throughout the presidency.

Amazon has a confidential agreement with the postal service where the agency delivers a large number of parcels directly to the post office closest to the destination. The postal service delivers the packages to the customers.

Employees want to fix climate change

Amazon employees put pressure on the company to rethink how it contributes to the fight against global warming.

In April, a group of 3,500 employees signed a Medium post urging Bezos to publicly outline the company's plans to reduce carbon emissions and its dependence on fossil fuels. The signatories said the Amazon's "sustainability goals are not lacking in context".

In February, Amazon presented a project called Zero Zero, which makes all packets net zero carbon and 50% of all shipments net zero by 2030. The company said it has 200 Researchers, engineers and product designers focused on sustainable efforts, from solar – and wind farms for waste shipment efforts.

Angering his hometown headquarters

Amazon opposed a proposed new "main tax" that the city of Seattle wanted to place on large corporations to address homelessness and finance affordable housing. Businesses will pay 26 cents per working hour for each employee in Seattle, or about $ 540 per year for each full-time employee.

The tax would have hit Amazon hard since it is the city's largest private employer. It has over 45,000 employees in Washington City, so it would have paid more than $ 20 million a year. In response, Amazon temporarily stopped building a new 17-storey tower.

The bill was pointed and Seattle ended up sending a smaller version of the tax.

Problems with his HQ2

Amazon had to retire from Long Island City in New York after it announced in February that it was planning to build another headquarters s there. That the news led to a lot of public outbreaks from both public and local officials.

Amazon dropped its plans three months later and said "A number of state and local politicians have made it clear they are opposed to our presence." Critics blew $ 1,525 billion in incentives New York offered to lure tech behemoth and worried that it would soon cause long-term residents to be priced out of their homes.

Amazon ditches China

Amazon also returned from the world's largest online shopping market, China. It closed its marketplace, which means that Amazon customers in the country will no longer be able to buy goods from Chinese buyers.
Amazon first entered the Chinese market 15 years ago when it bought an online bookstore, but it has struggled for fierce competition. Research suggests that the company's market share in China was small compared to local rivals, such as Alibaba ( BABA ) .

.

.

] A February CNN Business survey showed that Amazon offers many anti-vaccination content to people seeking information on the controversial topic. When asked about it, Amazon said it gives customers "access to a variety of views, including books that some customers may find strenuous."

Anti-wax material was also available on its Prime Video service. Days after the investigation was published, Amazon began to remove the anti-vaccine videos. But some books on the subject are still sold despite the theoretically dangerous and untried nature.

Source link