For years, Amazon warehouse staffers have complained about unsafe working conditions and the injury risks they face when rushing to fill packages and get them to customers in two days or less.
While Amazon claims its injury rate is coming down, facility-level data released last month from the U.S. Labor Department’s Occupational Safety and Health Administration underscores worker concerns, showing that in 2022 Amazon laborers were injured at a rate of 6.9 for every 100. In January, OSHA investigators cited Amazon for “failing to keep workers safe.”
Industrywide numbers for last year won’t be released until November, but OSHA head Doug Parker said Amazon has a history of injury rates that are far higher than others in the warehouse category. In 2021, Amazon’s injury rate was almost 1.5 times the industry average. At some Amazon warehouse locations, Parker said, the rate was as high as 12 workers out of 100.
“That’s more than 10% of the workforce every year who are receiving injuries on the job that are serious enough that they have to take time away from their jobs,” Parker said, regarding those warehouses. “We know that it’s affecting thousands of workers and it’s very alarming.”
Bobby Gosvener is one former worker living with pain.
Gosvener worked at an Amazon warehouse in Tulsa, Oklahoma, until 2020. He said after a conveyor belt malfunctioned that December he was left with a herniated disk that required neck surgery. He’s now on permanent partial disability.
“I have to live with this injury for the rest of my life,” Gosvener said. “I hate to this day even to order through Amazon because it’s so convenient, but every time I look at a box, I think of the process of what went through it and who got hurt in the midst of it.”
Jennifer Crane works through pain at an Amazon warehouse in St. Peters, Missouri, after hurting her wrist in October. She said she tore a ligament from “packing a case of sparkling water repetitively all day, along with dog food and Gatorades.” She wears a brace to help her get through the day.
“After like two hours of heavy lifting, I’m taking pain meds,” Crane said.
She needs the job. Crane became a single mom to her seven sons when her husband died of a heart attack in 2019.
“I’ve got to be able to support them. I have bills to pay,” she said. Crane said she knows she could look for other work, “but right now I’m in the fight to try to make it better there for everybody.”
Amazon worker Jennifer Crane at her house outside St. Louis, Missouri, in 2022.
Missouri Workers Center
Crane is circulating a petition at her warehouse asking for a slower pace of work, more breaks, ergonomic changes and equipment updates.
In response to those accounts of injury and pain, Amazon spokesperson Maureen Lynch Vogel said in a statement, “Amazon worked diligently to accommodate both employees and ensure they had what they needed not only to work safely but also to recover. Any claim to the contrary is false.”
Amazon’s self-reported injury rate fell 9% between 2021 and 2022. Beyond warehouses, the e-commerce giant says its injury rate across all worldwide operations, some 1.5 million employees, dropped nearly 24% from 2019 to 2022.
“I don’t dispute that their injury rates may have gone down some over a period of time, but they’re still not good enough,” OSHA’s Parker said.
Strategic Organizing Center (SOC), a coalition of labor unions, crunched OSHA’s new data and found Amazon’s injury rate was more than double that of all non-Amazon warehouses in 2022. According to the report, Amazon employed 36% of U.S. warehouse workers in 2022, but was responsible for more than 53% of all serious injuries in the industry.
Kelly Nantel, an Amazon spokesperson, said by email that the group’s findings “paint an inaccurate picture.”
“The safety and health of our employees is, and always will be, our top priority, and any claim otherwise is inaccurate,” Nantel said. “We’re proud of the progress made by our team and we’ll continue working hard together to keep getting better every day.”
“Amazon’s apparent attitude about this is to deny that they have a problem,” said Eric Frumin, SOC’s health and safety director.
Federal scrutiny
Federal authorities are now looking into the health and safety issues, with inspections across seven Amazon warehouses in five states last summer. OSHA issued citations at all seven locations.
“At every single facility we found serious hazards that were putting workers at serious risk of bodily harm,” Parker said. “What is most concerning is the scale. We have every reason to believe that the types of processes where we found hazards in these facilities are processes that are used in Amazon facilities across the country.”
OSHA also acted on referrals from the U.S. Attorney’s Office for the Southern District of New York, which pointed to similar hazards in its own investigation of the facilities. Two more warehouses were cited for safety violations by Washington state’s Department of Labor. OSHA also cited Amazon for 14 record-keeping violations, finding that the company failed to properly report worker injuries and illnesses.
Amazon is appealing all the citations. If they’re upheld, the company will have to pay its first ever federal fines for worker musculoskeletal injuries. So far, they total nearly $152,000. The Washington state DOJ fines add an additional $81,000.
Amazon has a market cap of roughly $1 trillion and last year generated revenue of over $500 billion.
“There’s no amount of money that the Labor Department can impose as a penalty that’s going to make a difference to a company that runs through billions of dollars a day,” Frumin said. “What matters is, are they going to respect the need for their workers to be safe?”
In a rare case of federal cooperation, the Department of Justice is alsoinvestigating Amazon, asking if the company “engaged in a fraudulent scheme designed to hide the true number of injuries,” according to a January press release. The DOJ’s civil division is looking into whether Amazon executives made “false representations” to lenders about its safety record to obtain credit.
In a statement, Amazon told CNBC, “We strongly disagree with the allegations and are confident that this process will ultimately show they’re unfounded.” The company said it’s expanding the team responsible for record-keeping.
‘If you’re rushing, you’re going to make mistakes’
For Daniel Olayiwola, who’s worked at Amazon since 2017, the primary concern is the pressure to work quickly.
“You have to make sure these rates are met,” Olayiwola said. “Otherwise you’re going to be getting a write-up. Then you’re not going to be getting any opportunities to switch positions or move up at all.”
Olayiwola introduced a proposal at last year’s annual shareholders meeting, asking Amazon to stop tracking workers’ rate of work and what’s called “time off task.” The measure failed.
“It is a big contributor to the amount of injuries we get at Amazons worldwide,” Olayiwola said. “I can hands down say that. If you’re rushing, you’re going to make mistakes and someone’s going to get hurt.”
Amazon worker Daniel Olayiwola poses outside his warehouse in San Antonio, Texas, on March 9, 2023.
Lucas Mullikin
Olayiwola drives a forklift to pick up heavy items in a warehouse in San Antonio, Texas. He said the slowest acceptable rate at the facility is about 22 an hour, “meaning you’d have to pick an item every three minutes.”
“Which is crazy if the item is a mirror, a dresser, a bed frame,” Olayiwola said. “But you have to keep picking these items and you have to drop them off at these designated drop zones.”
An Amazon spokesperson said in an email that the “pace of work” isn’t referenced in any of OSHA’s citations. But the Southern DIstrict of New York’s investigations at six warehouses cited pace of work as an issue. And three states — New York, California, and Washington — have passed legislation seeking to curtail the use of productivity quotas at Amazon warehouses.
In the meantime, Olayiwola has sought support from United for Respect, a retail worker advocacy group, and he hosts a podcast called “Surviving Scamazon.” Like Crane, he wants to support his family while working to produce change from the inside. His wife is pregnant with their second child, and he calls his work at Amazon a “necessary evil.”
OSHA says similar investigations are currently underway at 10 other Amazon sites, with broader investigations pending at dozens more.
FILE PHOTO: Ariel Cohen during a panel at DLD Munich Conference 2020, Europe’s big innovation conference, Alte Kongresshalle, Munich.
Picture Alliance for DLD | Hubert Burda Media | AP
Navan, a developer of corporate travel and expense software, expects its market cap to be as high as $6.5 billion in its IPO, according to an updated regulatory filing on Friday.
The company said it anticipates selling shares at $24 to $26 each. Its valuation in that range would be about $3 billion less than where private investors valued Navan in 2022, when the company announced a $300 million funding round.
CoreWeave, Circle and Figma have led a resurgence in tech IPOs in 2025 after a drought that lasted about three years. Navan filed its original prospectus on Sept. 19, with plans to trade on the Nasdaq under the ticker symbol “NAVN.”
Last week, the U.S. government entered a shutdown that has substantially reduced operations inside of agencies including the SEC. In August, the agency said its electronic filing system, EDGAR, “is operated pursuant to a contract and thus will remain fully functional as long as funding for the contractor remains available through permitted means.”
Cerebras, which makes artificial intelligence chips, withdrew its registration for an IPO days after the shutdown began.
Navan CEO Ariel Cohen and technology chief Ilan Twig started the company under the name TripActions in 2015. It’s based in Palo Alto, California, and had around 3,400 employees at the end of July.
For the July quarter, Navan recorded a $38.6 million net loss on $172 million in revenue, which was up about 29% year over year. Competitors include Expensify, Oracle and SAP. Expensify stock closed at $1.64on Friday, down from its $27 IPO price in 2021.
Navan ranked 39th on CNBC’s 2025 Disruptor 50 list, after also appearing in 2024.
Jensen Huang, CEO of Nvidia, speaking with CNBC’s Jim Cramer during a CNBC Investing Club with Jim Cramer event at the New York Stock Exchange on Oct. 7th, 2025.
Kevin Stankiewicz | CNBC
Shares of Amazon, Nvidia and Tesla each dropped around 5% on Friday, as tech’s megacaps lost $770 billion in market cap, following President Donald Trump’s threats for increased tariffs on Chinese goods.
With tech’s trillion-dollar companies occupying an increasingly large slice of the U.S. market, their declines send the Nasdaq down 3.6% and the S&P 500 down 2.7%. For both indexes, it was the worst day since April, when Trump said he would slap “reciprocal” duties on U.S. trading partners.
After market close on Friday, Trump declared in a social media post that the U.S. would impose a 100% tariff on China and on Nov. 1 it would apply export controls “on any and all critical software.”
Amazon, Nvidia and Tesla all slipped about 2% in extended trading following the post.
The president’s latest threats are disrupting, at least briefly, what had been a sustained rally in tech, built on hundreds of billions of dollars in planned spending on artificial intelligence infrastructure.
Read more CNBC tech news
In late September, Nvidia, which makes graphics processing units for training AI models, became the first company to reach a market cap of $4.5 trillion. Nvidia alone saw its market capitalization decline by nearly $229 billion on Friday.
OpenAI counts on Nvidia’s GPUs from a series of cloud suppliers, including Microsoft. OpenAI is only seeing rising demand.
In September it introduced the Sora 2 video creation app, and this week the company said the ChatGPT assistant now boasts over 800 million weekly users. But Microsoft must buy infrastructure to operate its cloud data centers. Microsoft’s market cap dropped by $85 billion on Friday.
The sell-off wiped out Amazon’s gains for the year. That stock is now down 2% so far in 2025. It competes with Microsoft to rent out GPUs from its cloud data centers, but it doesn’t have major business with OpenAI. The online retailer is now worth $121 billion less than it was on Thursday.
“There continues to be a lot of noise about the impact that tariffs will have on retail prices and consumption,” Amazon CEO Andy Jassy told analysts in July. “Much of it thus far has been wrong and misreported. As we said before, it’s impossible to know what will happen.”
Tesla, which introduced lower-priced vehicles on Tuesday, saw its market capitalization sink by $71 billion.
The automaker reports third-quarter results on Oct. 22, with Microsoft earnings scheduled for the following week. Nvidia reports in November.
Google parent Alphabet and Facebook owner Meta fell 2% and almost 4%, respectively.
Govini, a defense tech software startup taking on the likes of Palantir, has blown past $100 million in annual recurring revenue, the company announced Friday.
“We’re growing faster than 100% in a three-year CAGR, and I expect that next year we’ll continue to do the same,” CEO Tara Murphy Dougherty told CNBC’s Morgan Brennan in an interview. With how “big this market is, we can keep growing for a long, long time, and that’s really exciting.”
CAGR stands for compound annual growth rate, a measurement of the rate of return.
The Arlington, Virginia-based company also announced a $150 million growth investment from Bain Capital. It plans to use the money to expand its team and product offering to satisfy growing security demands.
In recent years, venture capitalists have poured more money into defense tech startups like Govini to satisfy heightened national security concerns and modernize the military as global conflict ensues.
The group, which includes unicorns like Palmer Luckey’s Anduril, Shield AI and artificial intelligence beneficiary Palantir, is taking on legacy giants such as Boeing, Lockheed Martin and Northrop Grumman, that have long leaned on contracts from the Pentagon.
Read more CNBC tech news
Dougherty, who previously worked at Palantir, said she hopes the company can seize a “vertical slice” of the defense technology space.
The 14-year-old Govini has already secured a string of big wins in recent years, including an over $900-million U.S. government contract and deals with the Department of War.
Govini is known for its flagship AI software Ark, which it says can help modernize the military’s defense tech supply chain by better managing product lifecycles as military needs grow more sophisticated.
“If the United States can get this acquisition system right, it can actually be a decisive advantage for us,” Dougherty said.
Looking ahead, Dougherty told CNBC that she anticipates some setbacks from the government shutdown.
Navy customers could be particularly hard hit, and that could put the U.S. at a major disadvantage.
While the U.S. is maintaining its AI dominance, China is outpacing its shipbuilding capacity and that needs to be taken “very seriously,” she added.