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Amazon plans to close three UK warehouses, impacting 1,200 workers - TL;DR CNBC

Amazon plans to close three UK warehouses, impacting 1,200 workers

Publishing timestamp: 2023-01-10 13:59:28


Summary

Amazon has proposed closing three warehouses in the UK, impacting 1200 workers. The company has said that all workers will be offered new roles elsewhere, but the union has criticized Amazon for failing to provide stable employment. The closures are not part of the 18000 job cuts announced by Amazon U.S. last week.


Sentiment: NEGATIVE

Tickers: NDAQ0R1O-GB

Keywords: business newsretail industryamazon.com incnasdaq inc

Source: https://www.cnbc.com/2023/01/10/amazon-plans-to-close-three-uk-warehouses-impacting-1200-workers.html


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