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Amazon is Worth $1Trillion. It’s Workers Are on Food Stamps
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September 17, 2018 | WAGES | Amazon just hit a $1 trillion valuation, but some of its workers feel poorer than ever. Jeff Bezos’s tech giant is the second U.S. company to be worth thirteen-digits on the stock market, following Apple, which hit $1 trillion in August. That’s all well and good for Bezos, whose net worth exceeds $150 billion. But workers at the growing network of Amazon-owned companies say they aren’t seeing the money and Senator Bernie Sanders rolled out a new bill that would penalize Amazon for leaving workers dependent on public assistance. The next day, The Wall Street Journal reported that employees at Whole Foods, a grocery chain recently acquired by Amazon, were seeking to unionize. This is on top of criticism from academics, who say Amazon’s size has warped the economy… The Daily Beast
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