Amazon has warned it may close over a dozen warehouses and cut thousands of jobs in New York City if the Delivery Protection Act is passed. The bill would require Amazon to directly hire 5,000 delivery workers currently employed by contractors, aiming to improve pay and safety. Experts say Amazon might respond by shutting its 15 last-mile warehouses and firing 2,000 additional staff, similar to its warehouse closures in Quebec amid union disputes. The legislation has strong City Council support but faces concerns over potential job losses, with ongoing negotiations possibly leading to compromises. Amazon argues closures would slow delivery times and raise costs, while delivery companies fear losing business if Amazon relocates operations outside the city.
Amazon's stock price on Pluang is currently USD 254.66, down slightly by 0.04% as of Oct 16, 2026 17:01 WIB. The stock sees balanced trading activity with 54% of orders to sell and 46% to buy, reflecting cautious investor sentiment amid the ongoing labor bill concerns.
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