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Amazon keeps on hiring

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 settembre 2020
Amazon hires full-time 70% of its part-time workers.

Since online shopping took off once the pandemic started, one of the biggest American retail companies, Amazon, had to hire extra staff to cope with the workload.  In March, the company hired 175,000 people to work part-time.

But as things start to fall into place, Amazon decided that it will offer full–time jobs to 125,000 temporary workers. It’s up to people if they want to stay at Amazon or to return to their old jobs. 

A full-time employee will have a comprehensive benefits package, will be paid $15 per hour or even more, and training programs. The rest of the 50,000 will continue as part-time workers.

For the past month, Amazon has been under scrutiny after some workers contracted and even died from Coronavirus infection. People protested against the company's policy and working conditions. Moreover, the company was requested to offer information about the firing of some employees who spoke about the matter. According to Amazon, it didn't do anything in bad-faith.

During yesterday's pre-market session, the stock price lost 1.1%, but since the beginning of the year, it gained 30.4%. USA500 lost 6%.

Read more about the market here and here.

Sources: techcrunch.com, marketwatch.com, livemint.com

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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel ha lavorato per importanti istituzioni finanziarie, come Banco Santander e Banco Central-Hispano. È autore di libri sul trading di valuta con diverse pubblicazioni alle spalle.