Tag: Demand

13
Oct
2020
Posted in technology

3,000 Amazon workers demand time off to vote: report

  • Amazon workers are demanding that the company give all US employees paid time off to vote in the upcoming election, NBC News reported Tuesday.
  • The petition, which gained more than 3,200 supporters, called for “a paid day/shift off that can be used anytime between now and Election Day on Nov 3” and “every year” in the future, according to NBC News.
  • “We have supplied all of our employees with information on how to register to vote, details of their local polling locations and how to request time off to vote,” an Amazon spokesperson told Business Insider.
  • Amazon and subsidiary Whole Foods employ nearly 1.4 million workers in the US.
  • Visit Business Insider’s homepage for more stories.

Amazon workers, who have become increasingly vocal about the company’s policies during the pandemic, have a new demand: time off to vote in the upcoming US elections.

More than 3,200 Amazon workers have signed a petition circulating internally demanding the company give its entire US workforce a paid day or shift off to vote, NBC News reported Tuesday.

“We are less than a month away from the 2020 US election. I strongly urge the company to provide the entire US employee workforce with a paid day/shift off that can be used anytime between now and Election Day on Nov 3,” read the petition, which has been circulating on an internal Amazon support ticket system, according to NBC News.

The petition also demanded that the “additional day/shift off must be available to all employees every year,” NBC News reported.

Amazon and its subsidiary Whole Foods have 1,372,000 “front-line” workers across the US — accounting for roughly 1 of every 200 of the country’s voting-age population — but doesn’t currently guarantee them time off to vote in person.

“We have supplied all of our employees with

13
Oct
2020
Posted in technology

Thousands of Amazon workers demand time off to vote

Thousands of Amazon tech workers Tuesday signed an internal petition urging the company to offer paid time off for its workforce to vote on or before Election Day.

While Amazon is the second largest employer in the country, with 1,372,000 U.S. workers including Whole Foods employees, it does not offer paid time off to participate in federal elections.

More than 1,500 Amazon tech workers added their support to the petition one hour after it was launched internally Tuesday morning. By noon PT, the petition had reached 3,243 supporters. The call is hosted on the company’s internal ticketing system, which is used by workers to submit requests and tasks to be completed on the job, like fixing bugs found on a website. It’s also used internally as a way for employees to submit requests for changes to company policies, like benefits.

“We are less than a month away from the 2020 U.S. election. I strongly urge the company to provide the entire US employee workforce with a paid day/shift off that can be used anytime between now and Election Day on Nov 3,” the petition, hosted on the company’s ticketing system, reads.

“This additional day/shift off must be available to all employees every year.”

Employees who support the call for time off to vote are signing on by adding a “+1” to the ticket or leaving a comment of support below the petition.

Amazon declined requests for comment.

The action was organized by the Amazon Employees for Climate Justice, a group of Amazon tech workers formed in 2018 to pressure their employer to commit to reducing fossil fuel emissions. The group previously persuaded the company to reduce fossil fuel emissions in September 2019 after repeated calls from thousands of employees.

This year, the climate group expanded its focus to speaking out

13
Oct
2020
Posted in technology

Maersk Raises Outlook as Shipping Giant Sees Demand Rebound

(Bloomberg) — A.P. Moller-Maersk A/S raised its full-year guidance amid a recovery in demand and sweeping efforts to cut costs.



a large ship in the background: Inside DP World Plc London Gateway Port


© Bloomberg
Inside DP World Plc London Gateway Port

The container shipping company, which is eliminating hundreds of jobs, said earnings before interest, taxes, depreciation and amortization will be in the range of $7.5 billion to $8 billion, before restructuring and integration costs. That compares with an earlier forecast of $6 billion to $7 billion, according to a statement.

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“The upgrade underlines the strong earnings momentum,” Brian Borsting, a credit analyst at Danske Bank A/S, said in a client note.

Copenhagen-based Maersk, which transports about 15% of the globe’s seaborne freight, said there was a “continued recovery in demand” in the third quarter. It reported revenue of $9.9 billion for the quarter, and an EBITDA before costs of $2.4 billion.

Maersk is undertaking a major restructuring as the world’s biggest shipping company grapples with the effects of the Covid-19 pandemic. It’ll take restructuring costs of around $100 million in the third quarter related to around 2,000 job cuts, as it reorganizes its ocean and logistics and services operations.

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The almost 20% increase in the full-year EBITDA guidance means analysts are likely to materially upgrade their estimates, Jefferies analyst David Kerstens said in a note.

Read More: Maersk Plans Major Restructuring Affecting Thousands of Jobs

The upgrade could also be more good news for holders of Maersk debt, as the borrower may see a change in the negative outlook that it’s been assigned by S&P Global Ratings, according to Danske’s Borsting. Moody’s Investors Service already recently lifted its outlook to positive, he

12
Oct
2020
Posted in technology

Smart Doorbell Market| Increasing Demand for Smart Locks to Boost the Market Growth

The smart doorbell market size is poised to grow by USD 1.19 billion during 2020-2024, progressing at a CAGR of over 25% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005075/en/

Technavio has announced its latest market research report titled Global Smart Doorbell Market 2020-2024 (Graphic: Business Wire)

The demand for smart locks is on the rise because of the benefits such as flexibility and high security, easy installation, remote locking and unlocking, and instant alerts to homeowners. The rise in cases of burglary in recent years has contributed to the demand for smart locks. Most of the customers prefer to install smart locks along with smart doorbells. This is one of the key factors driving the growth of the smart doorbells market. The entry of new players in the market has also resulted in new product launches with different applications at a much lower cost. The preference of buyers has induced vendors to offer smart locks with highly compatible smart doorbells, which will further contribute to market growth.

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Report Highlights:

  • North America was the largest smart doorbell market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The US and Canada are the key markets for smart doorbells in North America. Market growth in this region will be faster than the growth

08
Oct
2020
Posted in technology

Fitness App Market will Showcase Positive Impact during 2020-2024 | Increasing Demand for Wearable Devices to Boost the Market Growth

Technavio has been monitoring the fitness app market and it is poised to grow by USD 1.68 bn during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005641/en/

Technavio has announced its latest market research report titled Global Fitness App Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Digital Inc., Azumio Inc., BetterME., FitNow Inc., Google LLC, Nike Inc., Samsung Electronics Co. Ltd., Under Armour Inc., and YAZIO GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing demand for wearable devices has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Fitness App Market 2020-2024: Segmentation

Fitness App Market is