Amazon kicked off the holiday weekend by backtracking slightly on a social media offensive that unfolded in the waning days of a historic unionization vote. The earlier comments reportedly arrived as Jeff Bezos was pushing for a more aggressive strategy.
Along with taking on Senators Bernie Sanders and Elizabeth Warren, the Amazon News Twitter account went toe to toe with Congressman, Mark Pocan. The Wisconsin Democrat cited oft-reported stories of Amazon workers urinating in bottles in reaction to comments from Consumer CEO, Dave Clark.
“You don’t really believe the peeing in bottles thing, do you?” the account asked. “If that were true, nobody would work for us. The truth is that we have over a million incredible employees around the world who are proud of what they do, and have great wages and health care from day one.”
Given what we know now, the trajectory of Jeff Bezos seems almost inevitable. The founder and CEO of Amazon has been relentless in his pursuit of building the most dominant, customer-focused enterprise in modern history. It’s fitting, considering he first thought to name his company Relentless.com.
Looking backward, however, it can be easy to forget that relentless did not mean inevitable, at least not in the early years. But as Amazon’s execution began to match Bezos’s vision, an extraordinary company emerged–one that changed our lives. Bezos leaves his CEO role as one of the most important business leaders of his generation, having taken his company from zero to nearly $1.7 trillion, the market value of Amazon today. Along the way, the man behind “The Everything Store” gave us some of the most important lessons on entrepreneurship, innovation, and customer experience. Here are 11 principles every entrepreneur can learn from Jeff Bezos.
Andy Jassy will be leading Amazon through a pivotal period when he takes the e-commerce giant’s helm from founder and CEO Jeff Bezos this summer. On the one hand, the pandemic has further expanded Amazon’s impact on consumers, businesses, and governments. It’s little wonder that the company ended the fourth quarter of 2020 with more than $125 billion in sales, its biggest quarter ever.
At the same time, Amazon is facing unprecedented scrutiny, including in regard to how its actions affect small businesses and third-party sellers on its platform. The company is facing multiple antitrust lawsuits and may face more regulatory action this year in the U.S. and the E.U. How Jassy handles it will have important consequences for small businesses trying to compete with Amazon. And regardless of the outcome, his selection as CEO will also influence the fortunes of private companies hoping to get acquired by Amazon, as well as those that rely on it for their sales.
The world’s richest man, Amazon.com founder Jeff Bezos, has accused the National Enquirer’s owner of trying to blackmail him over lewd pictures.
Mr Bezos said the magazine’s parent company American Media Inc (AMI) wanted him to drop an investigation into how it obtained his private messages.
Mr Bezos and his wife, MacKenzie, said last month they were getting divorced.
In recent months global Internet retail behemoth Amazon.com has green-lit six new original TV shows, announced an online streaming deal with HBO and tested same-day grocery delivery on the West Coast.
Up next? Possibly a smartphone. And, if billionaire CEO Jeff Bezos has his way, packages dropped off by unmanned drone.