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technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. The Teamsters union announced late Friday that warehouse workers at a massive Amazonsorting and distribution center in Staten Island, New York, have joined the thousands of union members who began astrike this week against theonline retail giant.

But Amazon continues to insist the strike is not affecting shipments to customers, as itonly affects a handful of its network of distribution centers. Amazon operates several other distribution centers within miles of its facility in the New York City borough of Staten Island, including a smaller nonunion one that is directly across the street.

“Our logistics infrastructure was built to deliver on our customer promise,” the company said Friday in a statement. “We believe in the strength of our network and plan for contingencies to minimize potential operational impact or costs.”

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. The strike is just the latest effort by the Teamsters and other unions to organize workers at Amazon, the nation’s second-largest private sector employer, which has more than 740,000 US workers spread across 1,000 warehouses and distribution centers, according to a recent government report. It is also among the most profitable companies, with net income of $39.2 billion in the first nine months of this year, more than double for the same period of 2023.

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. The Staten Island facility, and the seven other locations where drivers who make deliveries for Amazon are on strike, are a small fraction of Amazon’s massive network. But the Staten Island distribution center, known as JFK8, is a major one for Amazon. The union said it has more than 5,000 permanent hourly workers, a number which Amazon was not able to confirm or deny.

It also was the first Amazon location where workersvoted to join a union. In April 2022, 55% of workers who participated in a representation election voted to join a union. Before there were efforts to unionize, there had been awalkout by some employeesin March 2020 due to health concerns over the outbreak of the Covid-19 pandemic. The union said Friday night it has strong support among workers at the distribution center.

“I am thrilled to be part of this fight,” Valerie Strapoli, a worker at the Staten Island facility, said in a statement released by the union. “Amazon has shoved us around for so long, but we have the momentum now.”

But many of the current workers are temporary seasonal help brought on to handle the surge of holiday shopping orders. It is not clear how many of those temporary workers with few, if any, ties to the union will stay off the job in these final days, or if Amazon will even try to operate it with only partial staff.

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. Related article‘Packages and profits over people’: What it’s like to be an Amazon driver and why some are on strike

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. The work stoppage is expected to be a set-duration strike, not a traditional strike that shuts down production until a contract agreement is reached, which is what happened in recent high-profile open-endedstrikes atBoeing, thebig three Detroit automakersandHollywood studios. Amazon continues to insist the union doesn’t represent any of its workers and has no intention of holding talks.

But limited-duration strikes have been anincreasingly commontool of US labor unions in recent years, sometimes to great effectiveness. It is clear in this case, given the timing of the strike, that the union is seeking to get maximum attention for its organizing efforts and perhaps cause some economic damage to Amazon, as well.

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. Another high-profile strike, at coffeehouse giantStarbucks, is also likely to be of only limited duration as the union there seeks to put pressure on the company to reach the first labor deal for workers at more than 500 of its stores.

Until Saturday, all the Teamsters strikers were drivers who work for outside contractors employed by Amazon for its dedicated delivery service. But this time even Amazon recognizes the employees at the Staten Island facility as its employees, although it continues to challenge the idea they are members of the Teamsters or any other union.

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. The Staten Islandworkers had voted in April 2022 to be represented by the upstart Amazon Labor Union in a vote certified by the National Labor Relations Board, which oversees labor relations at most US businesses. Despite that certification of the vote, Amazon continues to challenge it in court. Earlier this year, union members affiliated themselves with the Teamsters in a vote held by the union but not overseen by the NLRB. Amazon does not recognize that vote either.

“For more than a year now, the Teamsters have continued to intentionally mislead the public – claiming that they represent ‘thousands of Amazon employees and drivers’. They don’t, and this is another attempt to push a false narrative,” Amazon said in its statement. “We appreciate all our team’s great work to serve their customers and communities, and thanks to them, we’re not seeing any impact to customers’ orders.”

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Expert predictions of stock trends to help you select high-potential stocks and achieve stable growth. Real-time global market indices, futures, metals, energy, and agricultural product data to help you seize market opportunities. The company has filed 17 complaints against the Teamsters or Amazon Labor Union for unfair labor practices, including allegations of intimidation. The Teamsters, ALU and other unions have filed hundreds of complaints against Amazon.

technical analysis: saurashtra cement limited (502175) ✌️【Free Access to Stock Club】✌️ Professional advisors provide accurate market predictions with real-time stock indices, exchange rates, and futures data to help you seize investment opportunities and grow your capital. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Investment Portfolio Suggestions 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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