Amazon runs its own race as takeover talk in T&L swirls
Meanwhile, please don’t exaggerate the UPS effect
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
An Amazon vice president, a “distinguished engineer” at Amazon Web Services, has resigned in protest at the firing of whistleblowers – and has written a blog post outlining his dissatisfaction. His resignation has cost him, he notes, about $1m (pre-tax), as well as “the best job I’ve ever had”.
Nevertheless, he felt compelled to act by a series of events, starting with the global climate strike, a walk-out following the firing of staff after complaints about lack of safety in Amazon warehouses. He names the workers that were fired – all people of colour or women – but also acknowledges that “Amazon is exceptionally well-managed and has demonstrated great skill at spotting opportunities and building repeatable processes for exploiting them. It has a corresponding lack of vision about the human costs of the relentless growth and accumulation of wealth and power. “
It’s well worth a read.
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