Tuesday, 2 October 2018

Amazon Is Worth $1 Trillion. Its Workers Are on Food Stamps.

Amazon Is Worth $1 Trillion. Its Workers Are on Food Stamps.

Amazon just hit a $1 trillion valuation, but some of its workers feel poorer than ever. Jeff Bezos’s tech giant is the second U.S. company to be worth thirteen-digits on the stock market, following Apple, which hit $1 trillion in August. That’s all well and good for Bezos, whose net worth exceeds $150 billion. But workers at the growing network of Amazon-owned companies say they aren’t seeing the money and Senator Bernie Sanders rolled out a new bill that would penalize Amazon for leaving workers dependent on public assistance. The next day, The Wall Street Journal reported that employees at Whole Foods...
Read more: https://www.thedailybeast.com/amazon-is-worth-dollar1-trillion-its-workers-are-on-food-stamps?ref=wrap?source=Snapzu

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