Amazon's Bezos challenges retail rivals to raise minimum wages

United States News News

Amazon's Bezos challenges retail rivals to raise minimum wages
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday challenged rival r...

FILE PHOTO: Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's"Milestone Celebration Dinner" in Washington, U.S., September 13, 2018. REUTERS/Joshua Roberts/File Photo

"Today I challenge our top retail competitors to match our employee benefits and our $15 minimum wage," the billionaire entrepreneur said in a letterThe online retailer giant raised its minimum wage to $15 per hour for U.S. employees from November, giving in to critics of poor pay and working conditions at the company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jeff Bezos to keep Amazon voting power after divorceJeff Bezos to keep Amazon voting power after divorceAmazon.com Inc founder and Chief Executive Officer Jeff Bezos will retain voting...
Read more »

Jeff Bezos' ex-wife cedes control of Amazon in divorce dealJeff Bezos' ex-wife cedes control of Amazon in divorce dealMacKenzie Bezos, ex-wife of Amazon.com Inc founder and Chief Executive Officer J...
Read more »

Jeff Bezos keeps Amazon voting power in divorce settlementJeff Bezos keeps Amazon voting power in divorce settlementAmazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of ...
Read more »

MacKenzie Bezos to receive 25% of Amazon stock jointly owned with Jeff Bezos in divorce settlementMacKenzie Bezos to receive 25% of Amazon stock jointly owned with Jeff Bezos in divorce settlementMacKenzie Bezos, the wife of Amazon.com Inc. Founder and Chief Executive Jeff Bezos, will receive about 4% of the company's outstanding stock as part of the...
Read more »

MacKenzie Bezos will keep 25% of the Bezos' Amazon stock. Jeff Bezos keeps the voting powerMacKenzie Bezos will keep 25% of the Bezos' Amazon stock. Jeff Bezos keeps the voting powerJeff and MacKenzie Bezos say they have agreed to divorce terms, with MacKenzie set to hold on to 25% of the couple's Amazon stock. Jeff Bezos will retain voting control over all her shares.
Read more »

Jeff Bezos to Keep 75% of Amazon Stock He Held With Ex-WifeJeff Bezos to Keep 75% of Amazon Stock He Held With Ex-WifeAmazon CEO Jeff Bezos and his wife Mackenzie Bezos have finalized their divorce.Per CNBC, MacKenzie Bezos’ Amazon shares will be worth $35.6 billion.In her first tweet Thursday morning on her newly created account, MacKenzie Bezos said she was “grateful to have finished the process of dissolving” their
Read more »

Jeff Bezos warns Amazon will have 'multibillion-dollar failures'Jeff Bezos warns Amazon will have 'multibillion-dollar failures'Amazon CEO Jeff Bezos warned Thursday the company will have large, failed experiments in his annual shareholder letter.
Read more »

Jeff Bezos has an ambitious vision for Amazon in 1999 interviewJeff Bezos has an ambitious vision for Amazon in 1999 interview“There’s no guarantee that Amazon can be a successful company. What we’re trying to do is very complicated,” Jeff Bezos said in 1999. “Scale is important to us and we’re going to go after that kind of scale.”
Read more »



Render Time: 2025-02-24 12:11:06