Friday, February 5, 2021

Jeff Bezos Resigns As Amazon CEO

 



Jeff Bezos has quit his role as CEO. This does not mean he is going into retirement or leaving the e-commerce giant. It has been implied he will focus more on Amazon's marketing. The circumstances for his resignation are not clear. However, there are major issues the company faces. Amazon has been engaging in wage theft from its workers. During the COVID-19 pandemic it did not provide the adequate  personal protective equipment for employees. Although the company and its founder is powerful it is only a matter of time before Amazon will face multiple lawsuits. The company has become resistance to workers organizing unions in warehouses. As working conditions get worse the more vexed employees become. Low wages are inexcusable considering Amazon's high stock value and enormous profits. All of these problems gradually emerged over the decades. Amazon was founded in 1994 and now has become one of the most recognizable e-commerce corporations. Bezos sudden exit demonstrates that there is a vast network of corruption and exploitation occurring at Amazon. Jeff Bezos' unethical practices are being exposed and it is unlikely that Amazon can avoid investigation.  


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