Amazon Boosts Hiring Efforts With 250K Job Openings Versus 150K in 2022
Portfolio Pulse from Anusuya Lahiri
Amazon plans to hire 250,000 employees across the U.S., a significant increase from the 150,000 hired in 2022. The roles will be diverse and available to applicants of all backgrounds and experience levels. The company has opened over 50 new sites in the U.S. this year, creating numerous job opportunities. However, Amazon also laid off 27,000 workers in 2023. AMZN shares traded lower by 2.64% at $136.29.
September 19, 2023 | 4:31 pm
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Amazon's plan to hire 250,000 employees could indicate growth and expansion, but the recent layoff of 27,000 workers may raise concerns. The company's stock traded lower by 2.64%.
The hiring of a large number of employees suggests that Amazon is expanding its operations, which could be a positive sign for investors. However, the recent layoff of a significant number of workers may raise concerns about the company's stability or efficiency, potentially negatively impacting the stock price. The stock price has already seen a decrease, which may be a reaction to this news.
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IMPORTANCE 75
RELEVANCE 100