Brand of the Day: Amazon
The world’s biggest online retailer has made headlines recently after a New York Times report criticized Amazon’s corporate practices.
The report included testimonials from 100 current and former employees who described Amazon as a "bruising" workplace with "shockingly callous management practices.”
One former employee included in the report said “almost every person I worked with, I saw cry at their desk.”
Amazon's boss, Jeff Bezos, addressed the criticism in a memo to staff where he said the New York Times article “doesn't describe the Amazon I know."
Here’s more on the Amazon brand
Jeff Bezos recently admitted it will be “very, very, very expensive” to launch a new motoring show with Jeremy Clarkson and his Top Gear co-stars after signing up the trio in a multimillion-pound deal.
In 2013 Amazon.com experienced a rare site outage that lasted 40 minutes. In that short period of time the company lost $4.8m in revenue.
Amazon holds the patent for 1-Click buying, and licenses it to Apple.
Bezos originally wanted to name the company “Cadabra” as in “Abracadabra.”
Bezos is also involved in a project to create a 10,000 year clock. The idea is that the clock will tick once a year, the century hand advances once every 100 years, and the cuckoo comes out on the millennium. The vision was, and still is, to build a Clock that will keep time for the next 10,000 years.