Amazon.com Inc (NASDAQ: AMZN) has successfully negotiated an agreement with a portion of its workforce in Spain, effectively reducing the potential impact of a strike planned for Cyber Monday, one of the year's peak online shopping days.
Despite the agreement averting a full-scale walkout, around 5,000 Amazon delivery workers have decided to proceed with their protest for improved pay and working conditions, reported Reuters.
"The vast majority of our teams will continue to work as normal and there will be no impact on our operations for our customers," said Amazon.The company expressed pride in the wages, benefits, and safe working conditions it provides to its employees in Spain. CCOO, the largest union at the U.S. retailer in Spain, stated its intention to continue dialogue with Amazon to further improve pay and working conditions at the local unit.
The issue of working conditions at Amazon logistics centers is a topic of concern not just in Spain but across the Atlantic as well. Recently, worker groups and activists in various European countries, including Britain, Germany, France, and Italy, have been vocal in their protests against the U.S. e-commerce leader, particularly around Black Friday, another major sales event.
Amid the protests, Amazon has reassured that the delivery of Black Friday orders would remain reliable and timely.
Price Action: AMZN shares are up 1.4% at $148.83 at the time of publication Monday.