Amazon lost $2.7 billion in 2022, the company announced on Thursday. This was despite holiday-season sales growing 9%. The company's shares fell in after-hours trading.
Separately, the company faces a protracted fight against an upstart unionization push. Amazon last monthat a Staten Island warehouse. Federal labor officials ordered the company to begin bargaining with the Amazon Labor Union. But the matter is likely to reach courts.
In recent weeks, Amazon received a series of citations for safety violations from federal inspectors at the Occupational Safety and Health Administration. This is for six warehouses in Colorado, Florida, Idaho, Illinois and New York.from twisting, bending and lifting that they perform as much as nine times per minute. The company was expected to appeal, and a spokesperson said the allegations didn't"reflect the reality of safety at our sites.
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