Technologies

Amazon CEO reportedly says company could improve worker treatment

Andy Jassy acknowledges the company’s COVID-19 leave policies were poorly implemented last year, CNBC reports.

As Amazon frames itself as a company striving to become the «Earth’s best employer,» its new CEO reportedly said Tuesday there’s room for improvement. Andy Jassy singled out the company’s botched rollout of COVID-19 leave policies in 2020 as a failure on Amazon’s part, according to a CNBC report.

The remarks came at the GeekWire Summit held both virtually and in-person in Seattle. Jassy said Amazon’s workforce of 1.2 million is like a «small country» before noting that the two weeks of COVID-19 leave didn’t work out for some employees, some of whom reportedly were threatened with termination even though they had requested leave.

«During the pandemic in our fulfillment centers, we had a system and a process around people being able to request short and long term leave and the process just didn’t scale,» Jassy said. Adding that the company didn’t plan to use its HR tools during a pandemic, Jassy said, «It didn’t work the way we wanted it to work.»

Amazon didn’t immediately respond to a request for comment. Amazon currently faces heightened scrutiny of its labor practices. The National Labor Relations Board has found merit in complaints that the company retaliates against workers who organize for better working conditions. Warehouse workers voted not to unionize in April, and now an NRLB official is weighing whether Amazon acted so egregiously during the vote that the results should be thrown out and the election redone.

News reports have shown Amazon workers slipped through the cracks in the early months of the pandemic, some losing their jobs due to technical glitches. One worker who was gravely ill with COVID continued to receive notifications about his return-to-work date, his wife told the New York Times.

Jassy didn’t get into specifics of what went wrong with the company’s leave policies or name any other areas where Amazon could improve. In general, «There are lots of things you could do better,» Jassy said.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success!

Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.