Amazon crossed a key milestone over the past quarter, rising to greater than 1 million staff and seasonal employees world wide for the primary time.
Amazon’s chief monetary officer, Brian Olsavsky, disclosed the overall headcount Thursday throughout the firm’s second-quarter earnings name. Amazon’s workforce development comes amid surging income and income, all pushed by the coronavirus pandemic.
Whereas companies throughout the nation grapple with losses and layoffs, Amazon seems to be bucking each financial development related to the pandemic. The corporate added 175,000 new employees in March and April to maintain up with elevated demand from prospects eschewing conventional retail. What’s extra, Amazon posted $5.2 billion in income within the second quarter, doubling its backside line year-over-year, regardless of spending greater than $4 billion on pandemic-related initiatives.
“Amazon has created more jobs over the last decade than any other company,” Olsavsky stated on the decision. “And we are proud that we’re continuing to create good jobs with industry-leading wages, and great benefits during this challenging time.”
Amazon CEO Jeff Bezos stated Thursday that the corporate is within the strategy of changing the 175,000 employees into common, full-time positions. Amazon executives declined to say if it will reinstate its previous hazard pay for its front-line logistics employees or issue additional bonuses.
Throughout a Congressional antitrust hearing Wednesday, Bezos cited Amazon’s potential so as to add 1000’s of staff throughout a interval of mass layoffs of one of many benefits of its scale.
However that doesn’t imply Amazon has escaped the pandemic unscathed. Workers are tracking COVID-19 outbreaks at Amazon warehouses world wide, main some to arrange protests and walkouts demanding extra transparency and security precautions from the corporate. One informal count estimates greater than 1,700 Amazon warehouse employees have examined optimistic for the virus. Amazon has repeatedly declined to reveal the variety of staff who’ve contracted COVID-19.