5 results for tag: Amazon


Amazon’s coronavirus plan: Hire displaced restaurant workers, raise hourly pay

By Jonathan Capriel March 16, 2020 Amazon.com Inc. (NASDAQ: AMZN) has its own economic stimulus plan for the global pandemic that has ground the economy to a near halt: Give laid-off and furloughed hospitality workers jobs delivering Prime packages. The e-commerce company will hire an additional 100,000 workers in the United States and temporarily boost wages for current employees by $2 per hour, Amazon said late Monday. Amazon's minimum wage sits at $15 per hour for fulfillment and delivery workers, and it will increase to $17 per hour through April under the new initiative. Tens of thousands of part- and full-time delivery and fulfillm...

Amazon Is Hiring 100,000 Workers as Coronavirus Boosts E-Commerce

By Evan Niu, CFA | Mar 18, 2020 With people being urged to stay at home as much as possible during the novel coronavirus pandemic, Amazon.com (NASDAQ:AMZN) has become an inadvertent beneficiary as e-commerce activity and online orders soar. The company announced this week that it would be hiring 100,000 new full- and part-time workers within fulfillment centers and its broader delivery network in order to "meet the surge in demand from people relying on Amazon's service during this stressful time, particularly those most vulnerable to being out in public." Amazon previously increased its minimum wage to $15 per hour in the U.S. back in late ...

Target raised wages. Then it cut workers’ hours and doubled their workload

By Micheal Sainato February 27, 2020 Adam Ryan, 31, has worked at Target in Christiansburg, Virginia, for three years. He works additional jobs whenever he’s able to, but is regularly scheduled only 20 hours per week at Target, despite having open availability. “I have to live with my family because I can’t afford rent on my own. I don’t have health insurance. I’ve had a rotting tooth in my mouth for years that I haven’t been able to receive treatment. I’ve applied for Medicaid in Virginia and every time I’m told I make too much money, and Target has told me I don’t qualify for their benefits because I don’t get enough ...

SUBURBAN MAYOR OPPOSES ADDING 1,500 JOBS AS ILLINOIS STRUGGLES WITH EMPLOYMENT

By Ben Szalinski February 24, 2020 Amazon bought the old commercial property, but Bolingbrook’s mayor opposes putting 1,500 jobs on it. Illinois’ job growth was below the national average in 2019. Bolingbrook Mayor Roger Claar flatly rejected Amazon’s bid to build an 825,000-square-foot fulfillment center, bringing 1,500 jobs to the suburb southwest of Chicago. Claar, who has been mayor since 1986, raised issues with Amazon’s pledge to pay workers $15 an hour. He told Crain’s Chicago Business he would rather see jobs that pay people more than minimum wage so they have discretionary income to spend in the local economy. Read More

The Talent War: Walmart and Amazon Compete for a Better Workplace

By Greg Petro February 21, 2020 With unemployment at record lows, the retail industry is facing a talent shortage. And the persistent perception that retail is a “lousy job” based on the physicality of moving and standing for long periods, unpredictable hours, often lower pay, and lately, worker safety (both behind the scenes as well as front of the house) is pitting Walmart against Amazon once again, this time in the race for talent. ... First, the elephant in the room — minimum wage increases. Last year, Amazon announced it would increase minimum wage to $15 for all U.S. employees. While the news drew headlines, particularly as ...