Tag Archives: warehouse

An $8,000 bet on shiba inu coin allowed a warehouse manager to retire after the meme coin’s stunning rally, report says

Shiba Inu dog. AP Photo/Shizuo Kambayashi A 35-year-old former supermarket warehouse manager who made an $8,000 bet on shiba inu at the start of the year is now enjoying his retirement thanks to the meme coin’s stunning rally. Rob, who is from northern England, told Fortune he dabbled in cryptocurrencies to supplement his $68,000 yearly salary so he could create a better life for his partner and their son. Unexpectedly, he came across shiba inu, which was founded in August 2020. And upon… Source link

Read More »

Amazon Needs to Invest Billions In Warehouse System To Keep Up With Demand: Reuters

What happened: A new report indicates Amazon.com Inc. (NASDAQ: AMZN) needs to invest billions of dollars into the expansion of its warehouse and delivery system to keep up with consumer demand. Reuters reports the online retailer is running out of space and available labor. Amazon has almost doubled its network of warehouses in an 18 month period, although more investments are being planned. Why it’s important: Amazon is “running out of labor,” according to Andrea Leigh, vice president… Source link

Read More »

Amazon defeats union in Alabama warehouse, union claims illegal interference

Amazon (AMZN) has clinched victory against a union drive at its warehouse in Alabama, the National Labor Relations Board (NLRB) said Friday, striking a blow to labor organizers in a vote that captured national attention. The NLRB, which tallied the ballots, found that 1,798 votes were cast against the union and 738 were cast in favor. While 76 ballots were void and 505 were challenged, Amazon’s victory was decisive. The Retail, Wholesale, and Department Store Union, or RWDSU, said on Friday… Source link

Read More »

Amazon workers don’t believe new CEO will improve warehouse conditions

When Amazon (AMZN) revealed last week that CEO Jeff Bezos would step down later this year, the news broke in an earnings report that announced a quarterly sales record — but it also coincided with less flattering news. On the same day, Amazon agreed to pay $61.7 million in a settlement over claims that it withheld drivers’ tips; six days later, workers at a warehouse in Bessemer, Alabama, would begin casting their votes in a historic effort to form the first union at one of the nation’s… Source link

Read More »