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Bezos: Amazon Needs Better Vision for Creating Value for Employees

In a letter to shareholders, Bezos said the company needs a ‘better vision’ for how they treat employees

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Courtesy of Amazon

In his final letter to shareholders as CEO, Jeff Bezos said Amazon.com Inc. (Seattle) needs to do a better job at taking care of its employees, reports CNBC. In the letter, Bezos reportedly explained his vision for the future of the company.

The letter follows the news that Amazon warehouse workers in Alabama voted against forming a union by a more than two-to-one margin.

“While the voting results were lopsided and our direct relationship with employees is strong, it’s clear to me that we need a better vision for how we create value for employees,” Bezos said in the letter, according to CNBC.

Bezos did push back against criticism of harsh working conditions in his letter, explaining that rumors of employees being treated “as robots” were inaccurate.

Bezos will step down as CEO in the third quarter and Andy Jassy, Amazon’s Head of Cloud Division Web Services, will take over. Bezos will remain an executive Chair of Amazon’s board.

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