Amazon shares news: Spanish fulfilment centre workers vote to strike

Amazon shares ended higher Monday, ahead of news Spanish workers at its largest fulfilment centre there plan to take strike action later in March.

Amazon shares news: Spanish fulfilment centre workers vote to strike

Amazon shares closed higher Monday, ahead of news that workers at the global retailer’s largest Spanish fulfilment centre have voted to strike later in March. Spain’s largest trade union said the two-day walk-out comes as the tech firm has set unrealistic targets for its staff, resulting in illness.

Amazon shares ended 1.24% higher at £1,598.39. Meanwhile, after-hours trade has the stock further in the green.

Staff unhappy with heavy workload

The Workers Commission Union announced its members – and members of other workers unions – voted to strike at Amazon’s largest Spanish fulfilment centre, in San Fernando de Henares, near Madrid. The popular etailer employs between 1,100 and 2,000 staff there.

The strike is planned for Mach 21st and 22nd and comes as the union claims Amazon workers there suffer from ill-health, including bad backs, due to the demanding workload at the centre.

In addition, the union said it has been in discussions with the tech giant for 17 months in an attempt to agree working conditions, benefits and pay that are mutually agreeable for all parties.

News of this latest planned strike follows similar action in German and Italy earlier in November 2017.

Amazon could become major player in live sports

As Amazon staff consider their rights and position, GBH Insights analyst Daniel Ives said in a note to clients Tuesday, that the next 12-18 months is the perfect time for Amazon and Facebook to enter the live sports rights party and potentially disrupt the status quo.

"To this point, we believe the next 12 to 18 months is a pivotal window for platforms like Facebook and Amazon, among others, to aggressively secure the rights to various professional sports programming,” Ives wrote.

Facebook has recently secured the rights to live stream 25 Major League US baseball games. Meanwhile, Amazon, who has streamed some Thursday night NFL games in the US, had been touted as a potential bidder for a UK football rights package.

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