News

Jeff Bezos vows to do better by employees in final Amazon letter

1 month ago   |   By New York Post

Amazon founder Jeff Bezos vowed to do better by his employees in his last letter as chief executive to shareholders - even as he insisted that they're really not that bad off. On the heels of a bruising labor battle in Bessemer, Ala., that included claims of punishing working conditions, the richest man in the...
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Read Jeff Bezos' Final Letter to Shareholders Before Stepping Down as Amazon CEO

Read Jeff Bezos' Final Letter to Shareholders Before Stepping Down as Amazon CEO

1 month ago   |   By Newsweek

Bezos will leave his post in the third quarter and transition to executive chairman of Amazon's board. Andy Jassy, the CEO of Amazon Web Services, will replace Bezos as CEO of the company.
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Jeff Bezos downplays claims that Amazon workers are 'desperate souls' or 'robots' who can't take bathroom breaks, but admits the company needs to 'do a better job' for employees after their failed union push

Jeff Bezos downplays claims that Amazon workers are 'desperate souls' or 'robots' who can't take bathroom breaks, but admits the company needs to 'do a better job' for employees after their failed union push

1 month ago   |   By Business Insider

Summary List Placement Jeff Bezos is on the defensive about how Amazon treats its employees following the failed union vote at Amazon's Bessemer, Alabama, warehouse.
In Bezos' 2020 letter to shareholders , his final letter as CEO of Amazon, he discussed Amazon's relationship with its employees after workers voted against forming a union last week, a vote that Bezos called "lopsided."
The vote count, which finished last Friday afternoon, showed that 1,798 employees had voted against unionizing and 738 had voted for the union. While over 500 votes were challenged and 76 votes were voided...
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Read Jeff Bezos' final letter to shareholders as Amazon CEO right here

Read Jeff Bezos' final letter to shareholders as Amazon CEO right here

1 month ago   |   By Business Insider

Summary List Placement In 1997, Amazon CEO Jeff Bezos wrote his first letter to shareholders and set a precedent for decades of startups after it.
Despite Amazon's tiny footprint at the time, Bezos' letter to shareholders laid out a bold vision for the company: a relentless focus on customers above all else, and a prioritization of reinvestment over short-term shareholder returns.
Each year since, Bezos has written a new letter to shareholders that has become a highly anticipated. With Bezos scheduled to step down as chief executive later this year, he just published his final letter.
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Charles Oliveira stops Michael Chandler at UFC 262 to claim lightweight crown

Charles Oliveira stops Michael Chandler at UFC 262 to claim lightweight crown

Charles Oliveira rallied from major trouble in the first round to top Michael Chandler via TKO at Houston's Toyota Center in the UFC 262 pay-per-view main event on Saturday night. Read more ...

New Mexico United play their first home game in 574 days

New Mexico United play their first home game in 574 days

New Mexico United had a big game tonight against Austin Bold. Tailgaters and fans cheered for the first time in almost two years. Read more ...

‘Never seen anything like it': Edson Barboza lands bizarre delayed KO as...

‘Never seen anything like it': Edson Barboza lands bizarre delayed KO as rival staggers on before collapsing at UFC 262

Edson Barboza landed one of the most unusual finishes ever seen inside the octagon as he knocked out rival Shane Burgos, who somehow remained on his feet for several seconds... Read more ...

Southern California weather: Cloudy skies, cool temperatures and morning...

Southern California will see cloudy skies and cool temperatures, along with some light drizzles on Sunday. Read more ...

Evgeni Malkin only a partial participant at practice, just 24 hours before...

Evgeni Malkin only a partial participant at practice, just 24 hours before postseason begins

 Exactly 24 hours before the puck was scheduled to drop on the Penguins' postseason, Evgeni Malkin rested on a knee at the blue line at PPG Paints Arena - watching. Read more ...

Ciara And Russell Wilson Ink Production Deal With Amazon Studios

Songstress Ciara and her husband NFL player Russell Wilson are expanding their imprint in the entertainment industry. According to Deadline , the couple recently inked a... Read more ...

Jaden Smith To Open Restaurant That Will Provide Free Food For The Homeless

Rapper and actor Jaden Smith is furthering his efforts to combat food insecurity. According to Variety , he's opening an eatery that will provide free food for the... Read more ...

Brushfire threatens homes in Los Angeles' Pacific Palisades

The Palisades Fire flared up Saturday afternoon and quickly escalated in a region surrounded by dry brush and mountainous terrain. Read more ...

Henry Cavill tells fans their ‘passion' about his love life is ‘misplaced'

Henry Cavill tells fans their ‘passion' about his love life is ‘misplaced'

The 38-year-old star of "The Witcher" posted a cozy photo with his girlfriend Natalie Viscuso, 31, flanked by a caption that asks followers to tone down "animosity" that's been... Read more ...

Nets' sights squarely set on No. 2 seed in East

Nets' sights squarely set on No. 2 seed in East

The Nets will clinch the No. 2 seed in the East with a win over the visiting Cavaliers. Read more ...