🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Workers at Amazon's main Italian hub, German warehouses strike on Black Friday

Published 11/23/2017, 10:47 AM
© Reuters. A view of the new Amazon logistic center with the company's logo in Dortmund
AMZN
-

MILAN (Reuters) - Workers at Amazon's main distribution hub in Italy are planning their first ever strike for Friday, trade unions said, while they are also striking at six warehouses in Germany, threatening to disrupt one of the year's busiest shopping days.

Like the rest of Europe, Italians in recent years have embraced the U.S. tradition of Black Friday, a day of heavy discounting by retailers on the day after Thanksgiving.

Unions said in a statement more than 500 Amazon (NASDAQ:AMZN) workers at the Piacenza site in northern Italy had agreed to strike following a failure to negotiate bonuses with the company.

Workers have also decided not to do any overtime until Dec. 31, covering the peak season for the online retailer which hires temporary workers during this period.

Amazon employs around 1,600 people on a permanent basis at the Piacenza site, the first it built in the country after launching its Italian website in 2010.

The Verdi trade union in Germany said Amazon employees would also strike on Friday at six distribution centers in the country as part of a long-running dispute over pay and conditions.

"The world's biggest online retailer wants to achieve record sales on this day, but employees have to produce record performance not only on this day so that everything runs how Amazon wants it," said Verdi board member Stefanie Nutzenberger.

Amazon in Italy said in a statement it remained focused on trying to guarantee scheduled deliveries for its customers on Black Friday and in the following days.

The company said salaries paid to its workers were among the highest in the logistic sector and that it also provided some benefits such as private medical insurance or money to pay for training programs.

© Reuters. A view of the new Amazon logistic center with the company's logo in Dortmund

E-commerce is growing fast in Italy where online sales account only for 10 percent of overall retail sales, according to consultancy EY, half the European average.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.