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Workers have had enough: Labor’s tide is rising, from Amazon to Dollar General and beyond

Mount Equity Group Tokyo Japan > News > Markets > Workers have had enough: Labor’s tide is rising, from Amazon to Dollar General and beyond

While the nation was reeling from the mass shootings in Buffalo and Uvalde, well-organized labor protests extended into the historically union-hostile Southern “right to work” states

and at stockholder meetings, where public pension funds took aim at anti-worker corporate leadership.

On May 25, in what New York City Comptroller Brad Lander called a “stinging rebuke” of Amazon’s corporate leadership, 27% of outside shares voted to reject the re-election of Amazon director Judith McGrath, chair of the company’s Leadership Development and Compensation Committee, which signed off on paying its top five executives $400 million last year, including $212 million in time-vested shares to CEO Andrew Jassy. 

Last month, Lander, on behalf of the five New York City retirement systems — along with New York State Comptroller Thomas DiNapoli and Illinois State Treasurer Michael Frerichs — called on Amazon shareholders to…

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