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Stock impact report

Amazon CEO Andy Jassy broke federal labor law with anti-union remarks [CNBC]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: CNBC
NLRB administrative law judge Brian Gee cited interviews Jassy gave in 2022 to CNBC's “Squawk Box,” Bloomberg Television and at The New York Times' Dealbook conference. The interviews coincided with an upswing in union campaigns in Amazon's warehouse and delivery operations. Jassy told CNBC in April 2022 that if employees were to vote in a union, they may be less empowered in the workplace and things would become “much slower” and “more bureaucratic.” Similarly, in the Bloomberg interview, Jassy remarked, “if you see something on the line that you think could be better for your team or you or your customers, you can't just go to your manager and say, ‘Let's change it.'” At the Dealbook conference, Jassy said that without a union, the workplace isn't “bureaucratic, it's not slow.” Gee said the comments “threatened employees that, if they selected a union, they would become less empowered and would find it harder to get things done quickly.” The NLRB filed the complaint against Show less Read more
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