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Shareholders have power - sure, but very little of it and very little power to actually affect change outside of board actions. He already gave his answer by s
by munk-a 6y ago
Shareholders have power - sure, but very little of it and very little power to actually affect change outside of board actions.
He already gave his answer by surrendering the power he could have used to change things. If it comes out that he was pushed out for trying to actually change things then more power to him, but I find that extremely unlikely.
- pc86 6y agoI don't know his exact ownership percentage, and how that correlates to voting power, but from what I've read and what I've heard from Amazon employees I would have a hard time believing that he couldn't have basically done whatever he wanted with the company at any point.
- sandworm101 6y agoUntil recently he owned about 40% of the stock. Lately he has sold most of that and only owns 10%. Either way, he was and is a major shareholder with more than enough power to shift any discussion re worker treatment.