Amazon employees strike on Black Friday: impact on stock prices?

Amazon employees strike on Black Friday: impact on stock prices?

According to a report by www.bild.de, the Verdi union is calling on Amazon employees to go on strike at five locations in Germany on “Black Friday”. The strike aims to persuade Amazon to recognize collective bargaining agreements and conclude a collective agreement. Criticism of working conditions at Amazon is being voiced, and the company emphasizes that customers can expect reliable and timely delivery of their orders despite the strike.

As a financial professional, it is important to analyze the potential impact of a strike on Amazon and the market. A strike can lead to production downtimes, delivery delays and a possible loss of image for the company. This could lead to lost sales and a decline in Amazon's stock price.

Additionally, strikes could strengthen the union's bargaining power and lead to long-term changes in Amazon employees' working conditions and salaries. This would increase Amazon's operating costs and potentially impact the company's profit margins.

In summary, the Amazon Black Friday strike may have a significant impact on the company and the financial industry, particularly in terms of stock prices, operating costs and business image. It remains to be seen how the situation will develop and how Amazon will respond to minimize the impact of the strike.