Dow Jones soars above 23,000. Is it too stretched? >>> READ MORE

Why Jeff Bezos’ Amazon Is More Evil Than Walmart and McDonald’s

Think working for Walmart or McDonald's is miserable? It could be much, much worse.

    View All  

For as much guff as Walmart (WMT) and McDonald’s (MCD) get, people really seem to overlook a company that’s perhaps more evil than the both of them: Amazon (AMZN).

amzn-stock-jeff-bezosTo say that Walmart and McDonald’s have been “called out” because of alleged contempt for their employees would be an understatement. The world’s largest fast-food chain and the world’s largest retailer have been downright embarrassed by recent — and well-publicized — stories that suggest working for either company is not only a miserable experience, but occasionally humiliating.

Still, neither MCD nor WMT is the absolute most evil corporation on the face of the planet. The lack of concern for their workers is simply evident because of the public nature of their businesses.

As it turns out, Jeff Bezos might have crafted beloved online retailer AMZN into an even worse company to work for.

Oh No They Didn’t!

Were it just an occasional employee-centered gaffe, it might be dismissible as inevitable employee griping; some workers are just never going to be happy no matter what. However, Walmart and McDonald’s have both left behind a long string of such gaffes, and as they say, where there’s smoke, there’s fire.

For MCD, that string of missteps includes the July unveiling of a budget-planning guide for employees … that included a blank line for income from a second job, but failed to account for the fact that employees might actually need to pay a heat bill. In November, a “McResource” worker referred an employee to a food pantry, and explained how the worker may qualify for food stamps. Later in November, the company suggested employees could eat smaller pieces of food to stretch their food dollars.

Walmart isn’t any better. Its labor-union woes are now more than a decade old, and while we saw glimmers of a positive change in employee policies a few years ago, it appears WMT has slipped back into its old habits.

While the career-information part of the company’s website intended to tout the fact that roughly half of its hourly store employees earn more than $25,000 per year, that message indirectly acknowledged that around half of them make less than $25,000 per year. It’s technically above the poverty line, but it’s not a living wage. That’s one of the reasons an Ohio Walmart opted to hold a food drive last month — for its own employees.

And What About AMZN?

So how are and CEO Jeff Bezos even worse than McDonald’s or Walmart when it comes to a being oblivious regarding their people?

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC