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Amazon.com, Inc. (NASDAQ:AMZN) Expects To Recruit Additional 75,000 Workers To Cope-Up With A Surge In Demand: Amazon To Spend $500 Million On Wages

After completing the recruitment of 100,000 workers a month ago, Amazon.com, Inc. (NASDAQ:AMZN) is planning to add additional 75,000 workers to cope up with a surge in demand. The company is witnessing a huge surge in orders because most people stay at home to prevent the spread of coronavirus.

Unemployed people from restaurants, movie theaters can apply

Amazon encourages people, who lost their jobs because of the closure of restaurants, malls, gyms, movie theaters during COVID-19 pandemic, to apply for these new positions. However, it will not be able to provide jobs to all the people, who lost their positions because of the ongoing coronavirus pandemic. The company plans to spend $500 on wages.

Mike Pence Praises Amazon for new recruitment

Mike Pence, the Vice President of the US, has praised Amazon for hiring more people. He conveyed thanks to Amazon for meeting the needs of Americans every day. It is great support for Amazon because Donald Trump, the President of the US, always criticizes the company and its Chief Executive Officer, Jeff Bezos, on exploiting the US postal system to deliver packages and over tax payments.

Maintains a strong position to capture new orders

Amazon is in a strong position to get new orders as a leading e-commerce company in the world. It is gearing up to fix problems like price gouging for popular items like hand sanitizers and toilet paper, which are out of stock at several places. Most of its orders are delayed.

Amazon warehouses with confirmed coronavirus cases

The employees at Amazon complain about unsanitary and unsafe working conditions. They said it could lead to the spread of the coronavirus. Several warehouses of Amazon in the US have confirmed coronavirus cases. However, Amazon said it has taken measures to maintain clean and safe working conditions for its employees. According to a communicative, the company is also providing protective gear to its employees.

Walmart hires 150,000 employees to handle orders

Walmart plans to recruit additional 150,000 temporary workers to handle the workload amid the growing coronavirus pandemic. It will position the new workers at distribution centers, clubs, and stores. The company will also pay $550 million as bonuses to its existing employees.

Published by Duncan Oleinic

Duncan Oleinic is from New Yourk. After graduating with a degree in physics, he began his career as an analyst in a broking firm. Through this experience he was able to advance to the role of correspondent for a U.S based financial news provider, where he worked from 2001 to 2007. He subsequently joined a merchant banking firm as a financial analyst focused on valuing unlisted companies in the sub-continent. Over the course of his two years here, he performed valuations of several media companies which were later acquired by peers.



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