Amazon.com Inc. (AMZN) Chief Executive Officer Jeff Bezos received a letter from four Democratic senators of the United States, calling the company to explain its position over alleged involvement in monitoring workers and restrain their efforts towards establishing unions.
The senators demanded details regarding measures AMZN takes to hold back employees from organizing and the ways it uses to monitor those participating in strikes. The letter also asked for information related to legal firms approached by the company for preventing union formation.
The letter stated the heavy investment made by Amazon to contain freedom of expression regarding unhygienic working environment is unacceptable.
The latest move follows a research paper published last month by a Washington-based advocacy group Open Markets Institute, which stated that the e-commerce giant depends on monitoring on a widescale to enhance workers’ output and potentially curb unionization attempts across the U.S. Several other media agencies reported similar practices by the company.
On the other hand, a spokesperson at the company said Amazon respects its workers right to join or create a labor union without any fear of harassment or intimidation. Separately, another spokeswoman said earlier this year said in an interview that the company is already providing what workers request.
Amazon announced a couple of weeks ago that over 19,000 of its front-line employees in the U.S. contracted COVID-19 virus. The announcement received criticism from labor advocates, who questioned the company’s response to the pandemic. The affected workers represent 1.44 percent of its total workforce.
AMZN shares opened at $3,292.01 in the previous trading session, and after hitting a high price of $3,355.88 and low price of $3,280.00, finally closed at $3,338.65. The 52-week range of the stock is $1,626.03-$3,552.25, while its market cap stands at $1.672 trillion. If we look at the previous performance of the stock, it has jumped more than 46 percent over the past 6 months, and over 80 percent on year-to-date basis.