Amazon needs 100,000 more workers to meet demand

Amazon

Amazon, the online shopping colossus, has announced it needs another 100,000 workers, both full and part-time, to meet the ever-rising demand largely caused by the coronavirus pandemic-induced lockdowns.

“We’re also opening 100 new operations buildings this month across fulfillment centers, delivery stations, sortation centers, and other sites. Many of the new jobs are at the company’s newest state-of-the-art buildings,” Amazon said in a release.

Demand for Amazon services is clearly still increasing and Christmas holidays and its delayed Prime Day sale will boost revenue even further. There also is no end to the coronavirus pandemic.

“The roles offer a starting wage of at least $15 per hour. In select cities, Amazon is offering sign-on bonuses up to $1,000. On top of Amazon’s $15 minimum wage, the company offers full-time employees industry-leading benefits, which include health, vision and dental insurance from day one, 401(k) with 50 percent company match, up to 20 weeks paid parental leave, and Amazon’s innovative Career Choice program, which pre-pays 95% of tuition for courses in high-demand fields.”

Amazon founder and CEO Jeff Bezos said in the second quarter financial report in July that the company had “created over 175,000 new jobs since March and are in the process of bringing 125,000 of these employees into regular, full-time positions”.

Amazon told MarketWatch on 30 July that it had 1 million workers.

Amazon CEO Jeff Bezos warned investors at the end of April that they might want to take a seat and prepare for a possible loss in the second quarter, as Amazon planned to spend US$4 billion — all of its expected second quarter operating profit — on COVID 19-related expenses. The company projected a potential loss of US$1.5 billion for the second quarter.

Amazon did spend US$4 billion on improving workers safety in the coronavirus pandemic However, Amazon clearly profiting from the coronavirus pandemic ended up breaking records for both its top and bottom lines.

The US$88 billion in sales were better than in any quarter in its history, beating out the last Christmas holiday season by US$1 billion and performing 40% better than the second quarter of 2019, when it recorded sales of US$63.4 billion. Its US$5.24 billion in net income is double that of the same quarter last year.

“This was another highly unusual quarter, and I couldn’t be more proud of and grateful to our employees around the globe,” Jeff Bezos said in a statement, accompanying the extraordinary quarterly result.

Hiring for the new roles is underway.

Companies Walmart and McDonald’s employ the most workers. Walmart employs 2.1 million – 1% of America’s working population, while McDonald’s employs 1.9 million people worldwide.

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