Workers at an Amazon.Com, Inc. AMZN warehouse in Coventry, central England, have reportedly initiated a strike, with plans for further action, citing disputes over pay and union recognition.
The strike reflects wider industrial unrest in Britain amid demands for better wage rises reflecting high inflation, with Amazon employing 75,000 in the U.K., ranking as one of the top ten private-sector employers, reported Reuters.
Also Read: Revving Up Rights: Volkswagen Tennessee Employees Push For UAW Unionization
As per the report, workers at the Coventry site first went on strike in January last year.
The Coventry strike follows GMB trade union members applying for mandatory union recognition to the Central Arbitration Committee (CAC), the report added.
If the CAC concluded that more than half the Amazon workers at Coventry are GMB union members, Amazon has to recognize the union, making it a first for the company in Europe.
The strike underscores global unionization challenges for Amazon, notably seen in the historic formation of a union at a New York City warehouse in 2022, highlighting growing labor activism.
Price Action: AMZN shares are trading higher by 0.53% at $175.40 on the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
