Equities Tech

Amazon shares rise; German staff add to European strikes

Amazon shares are higher Monday as Amazon Prime Day begins. However, staff at its German warehouses are set to strike Tuesday, adding to industrial action already planned by Spanish and Polish workers on one of the biggest promotional periods for the global etailer.

By 1715 BST, Amazon shares were 0.87% higher at $1,828.77. The stock has been moving generally higher in recent weeks.

German Amazon workers to strike

Following news last week that Amazon workers based in Spain will strike during its Prime Day sale promotion, staff at its German warehouses are also planning to strike on Tuesday, during the event.

The strike has been called as German Amazon workers demand better working conditions for the staff at the fulfilment centres and warehouses across the country.

“The message is clear – while the online giant gets rich, it is saving money on the health of its workers,” said Stefanie Nutzenberger, the head of the retail sector for the Verdi Union.

The industrial action will take place at six Amazon warehouses across Germany on Tuesday, while its Prime promotion is running. Amazon told Reuters in an emailed comment that it only expected a small proportion of its 12,000 German-based warehouse workers would join the strike.

It added that it did not expect the action to affect its Prime promotions.

Which? Warns on Amazon Prime Day deals

As Prime Day is now underway, UK consumer group Which? has warned that shoppers should be careful when shopping for deals to make sure they’re getting the best price possible.

“Although these time-limited sales events can offer great discounts, not all offers will be as good as they seem,” said Adam French, Which? consumer rights editor, according to a BBC report.

“It can be easy to get swept along by the hype and excitement on the day, so we recommend preparing in advance and researching what you want to buy, to make sure you can tell the difference between a good deal and a dud on Amazon Prime Day,” French added.

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