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Why are Amazon workers striking in 20+ countries globally during busy Black Friday and Cyber Monday
Economic Times
·
8m ago
Medial
Workers from Amazon in over 20 countries, including the US, plan to strike over the busy pre-Christmas shopping period. The "days of resistance" seek to hold Amazon accountable for various issues, such as labor abuses and environmental degradation. Organizers of the strike, UNI Global Union and Progressive International, state that striking workers will be supported by unions, anti-poverty groups, and garment worker rights organizations. The strike will occur in major cities across the US, as well as in countries like the UK, France, Germany, Japan, Brazil, India, and Turkey.
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Related News
Amazon eyes $20 bln exports by 2025 from India, says company official
Reuters
·
1y ago
Medial
Amazon aims to generate $20 billion in merchandise exports from India by 2025. The company plans to add thousands of small sellers to its e-commerce platform to achieve this goal. There is a high demand for "Made in India" organic health supplements, homeware, and robotic games ahead of the Black Friday Cyber Monday sale. Amazon Global Trade, the B2C exports platform, has gained traction in India since its launch in 2015, benefiting small exporters who previously lacked access to global markets. The company has already added more than 100,000 small manufacturers as sellers to cater to overseas customers.
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Workers at Amazon UK warehouse to walk out on Black Friday
Economic Times
·
1y ago
Medial
Over 1,000 workers at an Amazon warehouse in the UK are set to strike for four days next month, including on Black Friday, in a dispute over pay. The workers will walk out of the Coventry site from November 7th to 9th, as well as on November 24th for Black Friday. The strike has been announced by the GMB trade union.
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Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows
Economic Times
·
8m ago
Medial
Walmart, Amazon, Shein, and PDD Holding's Temu had a successful Black Friday and Cyber Monday sales period, outperforming retailers like Target and Best Buy. Walmart saw an increase in sales, with top-selling items including pre-owned Rolex watches and singer Sabrina Carpenter's perfumes. Amazon, Walmart, Temu, and Shein experienced growth in sales during this period, while Best Buy struggled. Despite exclusive merchandise partnerships, Target's sales performance was muted. Overall, ecommerce sites performed well during the holiday season, with record-breaking sales recorded by key players.
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Indian exporters log 25% order growth on year during Amazon's Black Friday-Cyber Monday sale
Economic Times
·
1y ago
Medial
Indian exporters saw a 25% growth in orders during Amazon's Black Friday and Cyber Monday sale, according to reports. This surge in demand highlights the increasing popularity of Indian products in international markets. The sale event served as a platform for Indian exporters to showcase their products and tap into a wider consumer base.
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Amazon workers in India join Black Friday strike action for better wages and working conditions
Economic Times
·
8m ago
Medial
Amazon staff in India have gone on strike ahead of the busy holiday shopping season, demanding better wages, working conditions, and union rights. Around 200 workers rallied in New Delhi under the banner "Make Amazon Pay," expressing their discontent with the company's practices. Similar protests are planned in other parts of India and in countries like the US, Germany, Japan, and Brazil. Amazon, on the other hand, defended its practices, stating that it offers competitive pay and a safe working environment for its employees.
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Using advanced AI to spot and remove fake customer reviews: Amazon
Economic Times
·
1y ago
Medial
Amazon is using advanced artificial intelligence (AI) to identify and block fake product reviews on its platform ahead of Black Friday. The company employs AI to analyze reviews for indicators of fakery before publication. Amazon takes swift action, including blocking or removing fake reviews, revoking review permissions, and legal action against bad actors. In 2022, Amazon proactively blocked over 200 million suspected fake reviews globally. The company utilizes machine learning models and natural language processing to detect anomalies indicating fake or incentivized reviews.
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Australia enacts right to disconnect; why implementing it in India may be challenging
Money Control
·
11m ago
Medial
The right to disconnect from work after the designated workday has been granted to Australians. This means workers cannot be penalized for not answering calls or messages from their employers outside of working hours. Similar rules exist in around 20 countries, predominantly in Europe and Latin America. The relevance of this right in India is debated, as many businesses operate globally and in different time zones. However, there are considerations that support limiting working hours, such as reputation, employee productivity, retention, and the collective interest of employers in the economy.
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How scammers are using AI this holiday season to steal your money
Livemint
·
7m ago
Medial
Scammers are increasingly using artificial intelligence (AI) to target more victims during the holiday season. Visa reported a 200% surge in blocked credit card charges on Black Friday and Cyber Monday due to fraud attempts driven by AI. Mastercard also experienced a significant increase in blocked fraud attempts during this period. Scammers are utilizing AI to send out text messages, test large volumes of stolen credit card information, create fake online ads and websites, and even impersonate account holders. Despite efforts by banks to educate consumers and adopt AI for fraud detection, scams continue to occur.
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Amazon's first ever Black Friday sale goes live in India: All you need to know
Livemint
·
8m ago
Medial
Amazon India has launched its first-ever Black Friday sale, offering discounts on top electronics and lifestyle brands. The sale will run from today until December 22. Items on sale include Apple, Sony, Samsung, Nike, Adidas, and Calvin Klein products. Saurabh Srivastava, Vice-President of Categories at Amazon India, expressed excitement about bringing this globally popular shopping event to India for the first time. Some of the top deals include discounts of up to 75% on electronics and up to 65% off on home essentials.
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Thanksgiving sales generated $33.6 billion in online sales globally: Salesforce
Economic Times
·
8m ago
Medial
The Black Friday sales season has seen a surge in online shopping worldwide, including in India. According to Salesforce, global online sales during the US holiday season reached $33.6 billion, with the US market alone experiencing an 8% increase to $8.1 billion. In India, Amazon hosted its first Black Friday sale, featuring discounts on premium brands in various categories. Other retailers and brands, such as Flipkart and Reliance Digital, also participated in the event, with total sales during India's month-long season reaching nearly $11.9 billion.
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