Apr 15, 2021 - Economy

Jeff Bezos says Amazon needs be better with employees in final letter as CEO

Picture of Jeff Bezos

Photo: Saul Loeb/AFP via Getty Images

Jeff Bezos released a letter on Thursday where he conceded Amazon needs "to do a better job" for its workers, though he defended the company's working conditions, which employees have called harsh.

Why it matters: It's Bezos' final shareholder letter as CEO. He's stepping back as the company faces pressure for how it treats employees and its outsized influence that ballooned even more during the pandemic.

What he's saying: "Does your Chair take comfort in the outcome of the recent union vote in Bessemer [Alabama]? No, he doesn’t," Bezos wrote, referring to himself.

What's new: Bezos said Amazon Prime has over 200 million subscribers, up from 150 million last January.

Go deeper: Read the letter.

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