Olsavsky said last week that rising coronavirus infections linked to the delta variant are pushing

Amazon plans to hire 150, 000 seasonal staffers, about 50% more than last year as the company seeks a cushion of workers to help it meet demand during the holiday shopping period. The world’s largest online retailer typically hires legions of temporary workers this time of year to help store, pack and ship items from its warehouses.... Last year at this time, the company said it would hire about 100, 000 seasonal workers. Advertisement Amazon said on Monday that the average starting pay of jobs

Amazon has announced it will expand its investment in education and training to an estimated$ 1. 2bn( ￡865m) by 2025 to cover full college tuition fees for its 750, 000 hourly employees in the US. The initiative by Amazon will begin from January 2022 and will cover the costs for college tuition fees and textbooks of its warehouse, transport and other hourly associates who have completed three months of employment, the company said on Thursday.It will pay employees’ tuition and fees in advance ra

A year ago, it reported a profit of$ 8.1 billion, or$ 15.79 a share, for the first quarter.... And sales in its advertising business, where brands pay to get their products to show up first when shoppers search on Amazon’s site, rose 25%. Still, the slowdown in online spending is real and broad-based.... But growth has slowed as vaccinated Americans feel more comfortable going out....

“ Despite these short-term challenges, we continue to feel optimistic and excited about the business as we emerge from the pandemic.” Bezos is now executive chairman. Amazon is one of the few retailers that has prospered during the COVID-19 outbreak.... And he said that the surging omicron variant resulted in workers calling out sick, hurting productivity. Still, the company reported a profit of$ 14.32 billion, or$ 27.75 per share, for the three-month period ended Dec.... That compared with a

Amazon. com Inc. founder Jeff Bezos criticized the Biden administration in two tweets over the weekend for tying the corporate tax structure to rising inflation. The tweets were spurred by one from President Biden on Friday, which said: “ You want to bring down inflation?... Bezos responded by saying the two issues should be discussed separately.... “ Mushing them together is just misdirection," he tweeted.U.S. inflation remained close to a four-decade high in April, easing slightly to an 8.3%

NEW YORK--Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.... The e-commerce giant earned$ 6.7 billion, or 65 cents per share, for the three-month period ended June 30, much higher the$ 3.64 billion industry analysts surveyed by FactSet had anticipated.... Amazon had reported a loss during the same period last year, driven by a big loss on its investment in electric vehicle start-up Rivian Automotive....

NEW YORK--Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.... The e-commerce giant earned$ 6.7 billion, or 65 cents per share, for the three-month period ended June 30, much higher the$ 3.64 billion industry analysts surveyed by FactSet had anticipated.... Amazon had reported a loss during the same period last year, driven by a big loss on its investment in electric vehicle start-up Rivian Automotive....

SEATTLE( BLOOMBERG)-While much of Corporate America scrambled to adjust Covid-19 policies this summer in response to a surge of cases, Amazon. com was dismantling its coronavirus testing sites.... But the company says employees have plenty of other ways to get tested.... Amazon, employees say, has been loath to make the tests compulsory for fear of alienating the Covid-19 sceptics in its ranks....