Amazon's EU Head Resigns After French Court Orders To Limit Deliveries

com Inc's vice president of the European Union segment, Roy Perticucci, has stepped down, the company confirmed on Wednesday.

Perticucci joined in 2013, according to his profile on LinkedIn, and his departure comes at a time when the company is planning to close its warehouses in until at least early next week.

A French court has ordered to limit its deliveries to essential goods, to limit the risk of a contagion at its six warehouses across the country, which employ 10,000 permanent and interim workers.

ALSO READ: McKinsey to medical kits: How states in US are planning to reopen economy

Some worker unions have been calling for the complete closure of Amazon's activities in France, or at the very least a clamp-down, after raising concerns over the health standards at its shipping sites.

The pandemic, which has kept people confined to their homes, has boosted demand for online orders.

RECENT NEWS

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more