Sebastian Herrera
Moneyish
Houston, TX, United States
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Past articles by Sebastian:
Amazon's corporate employees may pay the price of falling share prices, with reduced compensation
A prolonged slump in the company’s shares is causing pay for 2023 to be between 15% and 50% lower than the projected targets Amazon gave to employees, The... → Read More
Microsoft and Gopuff Are Latest Tech Firms to Cut Jobs
Companies have been adjusting hiring plans amid growing economic concerns. → Read More
Amazon’s Prime Day Isn’t Quite the Blockbuster It Once Was
Sales growth for the online shopping extravaganza has slowed and consumers aren’t purchasing orders as large as they once did. → Read More
Amazon Plans to Sublet Warehouse Space to Reduce Excess Capacity
The company has acknowledged it overbuilt as it sought to meet pandemic demand for online shopping, which appears to be easing. → Read More
Amazon Head of Devices: Company Focused on Real-World Tech, Not Metaverse
The company’s ambitions for now are to expand the capabilities of its devices arsenal, including with home robots and ambient computing, said David Limp, senior vice president of devices and services, at the WSJ Future of Everything Festival. → Read More
The Tech Industry’s Epic Two-Year Run Sputters
Investors are divided about whether technology companies are set for a deep retrenchment or if growth is simply slowing from pandemic highs. → Read More
Amazon Workers Reject Union in New York After Labor Victory at Separate Facility
The National Labor Relations Board said 62% of workers from a facility on Staten Island voted not to form a union, a win for the e-commerce giant after a loss at another warehouse in the borough last month. → Read More
Amazon’s Flagship Online-Shopping Business Stalls After Decades of Growth
Amazon.com’s legendary e-commerce machine, which has grown at breakneck speed for more than two decades, is showing signs of stalling. → Read More
Amazon Posts First Quarterly Loss Since 2015 as Costs, Rivian Stake Weigh on Results
The tech giant has seen a shopping slump and cost increases due to inflation, labor issues and supply chain challenges, while its stake in electric vehicle maker Rivian also weighed on results. → Read More
Apple Store Workers Seek to Unionize, Following Efforts at Amazon, Starbucks
Retail employees at locations in Atlanta and New York are mobilizing to form unions as the tight labor market shifts power. → Read More
Amazon Workers in New Jersey to Vote on Unionizing
The election would mark the fourth Amazon facility to hold a unionization vote this year. → Read More
The Pandemic Was Supposed to Push All Shopping Online. It Didn’t.
E-commerce retailers that rode a surge of online purchases in 2020 are now grappling with the fact that some customers have returned to stores. → Read More
Amazon CEO Andy Jassy Pledges to Improve Worker Safety in Shareholder Letter
Mr. Jassy addressed worker safety, Amazon’s growth throughout the pandemic, and progress on new products and services in the letter released Thursday. → Read More
Amazon Intends to Appeal Union Victory in New York
Workers voted to establish the company’s first U.S. union at a Staten Island facility, but the tech giant cries foul over actions taken by union organizers and the National Labor Relations Board. → Read More
How Amazon Workers in New York Became First to Unionize
Organizers’ success in Staten Island shows how the labor effort gained momentum but still faces hurdles. → Read More
Amazon Workers in New York Vote to Form Tech Giant’s First U.S. Union
The vote to establish a union at a Staten Island warehouse marks Amazon’s first U.S. union and a major victory for labor activists, who have long sought to organize at the nation’s second-largest private employer. → Read More
Amazon Union Tallies Near Finish, With Close Votes in New York, Alabama
The tally at an Alabama warehouse was close enough to require a hearing while labor organizers were narrowly leading the contest at another facility in New York. → Read More
Amazon Union Vote Set to Begin in New York, Which Has Challenged Company in Past
Workers at two Staten Island warehouses are nearing a decision that could make them the first U.S. employees of the company to unionize. → Read More
Amazon halts shipments to customers in Russia and suspends Prime Video access over Ukraine invasion
While the company doesn't break out sales from Russia in its financial statements, its customer base there is minimal compared with its largest markets.... → Read More
Amazon Workers at Second New York Warehouse to Hold Union Vote
Amazon.com workers at a second company facility in New York have shown enough support to proceed with a union election, escalating one of a growing list of labor battles for the e-commerce giant. → Read More