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Amazon workers hold GMB union placards on the picket line as they hold a strike outside the Amazon fulfillment centre on January 25, 2023 in Coventry, England.

Christopher Furlong | Getty Images

LONDON — A top Amazon executive told CNBC the company is “not concerned” about a wave of unionizing globally because the e-commerce giant has competitive pay and benefits.

The comments come amid high-profile efforts in the U.S. and U.K. from Amazon warehouse workers to form unions.

Stefano Perego, vice president of customer fulfilment and global ops services for North America and Europe at Amazon, said the company’s pay and benefits are attractive.

“As long as we offer competitive pay invaluable benefits, we don’t think that our people will choose to be represented, but this is their choice,” Perego told CNBC in an interview on Tuesday.

There appears to be a rising push for unionization among Amazon workers.

Workers at an Amazon site in Coventry, a city in the U.K. staged the first formal industrial action in the country in January. The workers are unhappy about the wage increases they have received which they say are not enough. The employees have demanded formal union recognition which would give them the ability to collectively bargain with the Amazon over wages.

And last year a group of workers in New York’s Staten Island became the first group to vote in favor of unionizing at a U.S. facility run by Amazon. Amazon has resisted unionization efforts in the U.S.

The efforts from unions have so far failed to galvanize a wave of unionization globally as many had hoped.

Perego said Amazon is not worried about the rise of unions.

“No, I’m not concerned because again, [it] is a choice our people has to make, and we know that we are very competitive,” Perego said.

‘Out of touch’

The GMB union, which represents the Amazon workers in the U.K., called Perego “out of touch.”

“Mr Perego is clearly completely out of touch with his workforce if he thinks Amazon doesn’t need to negotiate with GMB. It’s one of the wealthiest companies in the world, yet the pay is paltry, not competitive,” Amanda Gearing, GMB senior organizer, told CNBC via email.

“Amazon workers don’t want ‘invaluable benefits’ – they want enough cash in their pockets to keep a roof over their heads and feed their families,” Gearing added.

“Workers in Coventry – and across the world – are rising up and recognising their own worth. It’s time Amazon bosses listened to them.” 

Safety track record improving

The Amazon executive said the company has 220,000 employees in Europe and there are “very few situations where there is a union between us and our workforce.”

Another gripe with Amazon workers in warehouses is around safety.

Perego said the company has been improving its track record in this area. He said that the recordable injury rate in Amazon facilities has fallen more than 24% since 2019. Amazon plans to spend $550 million globally on safety in 2023.

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Waymo offers teen accounts for driverless rides

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Waymo offers teen accounts for driverless rides

Waymo announced it is now offering teen accounts for its self-driving car service Waymo One, beginning in Phoenix, Arizona.

Courtesy of Waymo

Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix.

The Alphabet-owned company said that, beginning Tuesday, parents in Phoenix can use their Waymo accounts “to invite their teen into the program, pairing them together.” Once their account is activated, teens can hail fully autonomous rides.

Previously, users were required to be at least 18 years old to sign up for a Waymo account, but the age range expansion comes as the company seeks to increase ridership amid a broader expansion of its ride-hailing service across U.S. cities. Alphabet has also been under pressure to monetize AI products amid increased competition and economic headwinds.

Waymo said it will offer “specially-trained Rider Support agents” during rides hailed by teens and loop in parents if needed. Teens can also share their trip status with their parents for real-time updates on their progress, and parents receive all ride receipts.

Teen accounts are initially only being offered to riders in the metro Phoenix area. Teen accounts will expand to more markets outside California where the Waymo app is available in the future, a spokesperson said.

Waymo’s expansion to teens follows a similar move by Uber, which launched teen accounts in 2023. Waymo, which has partnerships with Uber in multiple markets, said it “may consider enabling access for teens through our network partners in the future.”

Already, Waymo provides more than 250,000 paid trips each week across Phoenix, the San Francisco Bay Area, Los Angeles, Atlanta, and Austin, Texas, and the company is preparing to bring autonomous rides to Miami and Washington, D.C., in 2026.

In June, Waymo announced that it plans to manually drive vehicles in New York, marking the first step toward potentially cracking the largest U.S. city. Waymo said it applied for a permit with the New York City Department of Transportation to operate autonomously with a trained specialist behind the wheel in Manhattan.

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Elon Musk’s X says Indian government ordered over 2,000 accounts blocked, including Reuters

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Elon Musk's X says Indian government ordered over 2,000 accounts blocked, including Reuters

Indian Prime Minister Narendra Modi arrives at the White House to meet with U.S. President Donald Trump on Feb. 13, 2025 in Washington, DC.

Andrew Harnik | Getty Images News | Getty Images

Elon Musk’s X said Tuesday that the Indian government ordered the company to block 2,355 accounts, including Reuters, in the country.

“The Ministry of Electronics and Information Technology demanded immediate action- within one hour- without providing justification, and required the accounts to remain blocked until further notice,” X’s global government affairs account posted.

The main Reuters account, along with ReutersWorld, was blocked Saturday for users in India, the news service said. Screenshots showed the message “Account withheld @Reuters has been withheld in IN in response to a legal demand.”

The Indian government’s Press Information Bureau told Reuters that no government agency had required blocking the account and said it was working with X to resolve the issue. The accounts were restored on Sunday.

Read more CNBC tech news

The statement by X on Tuesday is the latest development in an ongoing censorship legal battle between Musk’s social media site and the Indian government led by Prime Minister Narendra Modi.

X sued Modi’s government in March, accusing India’s IT ministry of unlawfully expanding online censorship to allow the easier removal of content.

Musk often refers to himself as a free speech absolutist and has said his takeover of Twitter was partly due to what he viewed as the unfair restriction of conservative views and voices.

The Tesla CEO swiftly made changes to moderation after he acquired the site, which he later renamed to X.

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Robinhood CEO downplays OpenAI concerns on tokenized stock structure

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Robinhood CEO downplays OpenAI concerns on tokenized stock structure

Robinhood CEO defends OpenAI stock token offering

Robinhood CEO Vlad Tenev says it’s not “entirely relevant” that the trading platform’s so-called tokenized shares of OpenAI and SpaceX aren’t technically equity in the companies.

It comes after OpenAI raised concerns about the product, which is designed to give users in the European Union exposure to various U.S. stocks — including private companies, which are less liquid than publicly listed firms.

OpenAI last week warned that Robinhood’s stock tokens do not represent equity in the company and said in a post on X that, “any transfer of OpenAI equity requires our approval — we did not approve any transfer.”

Robinhood says its OpenAI stock tokens are “enabled by Robinhood’s ownership stake in a special purpose vehicle.”

“It is true that these are not technically equity,” Tenev, who co-founded Robinhood in 2013 with fellow entrepreneur Baiju Bhatt, told CNBC’s “Squawk Box Europe” Tuesday, echoing his initial response to OpenAI’s concerns.

Tenev said that OpenAI’s complex company structure enables institutional investors to gain exposure to the company through “various instruments, like equity upon the event of a conversion to a for-profit at a later date.”

OpenAI was initially founded as a non-profit organization. However, it has since evolved to include a for-profit entity, which is owned by the non-profit.

“In and of itself, I don’t think it’s entirely relevant that it’s not technically an equity instrument,” he said. “What’s important is that retail customers have an opportunity to get exposure to this asset” — even if it’s a private company — due to the disruptive nature of AI, he added.

Read more CNBC tech news

On Monday, the Bank of Lithuania, which is Robinhood’s lead authority in the European Union, told CNBC it was “awaiting clarifications” regarding the structure of the company’s stock tokens following OpenAI’s statement last week.

“Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments,” Bank of Lithuania spokesman Giedrius Šniukas told CNBC. “The information for investors must be provided in clear, fair, and non-misleading language.”

Tenev said in response to the Lithuanian regulator’s comments that Robinhood is “happy to continue to answer questions from our regulators.”

“Since this is a new thing, regulators are going to want to look at it, and we’ve built this program in a way that we believe will withstand scrutiny — and we expect to be scrutinized as a large, innovative player in this space,” he told CNBC.

Watch CNBC's full interview with Robinhood CEO Vlad Tenev

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