Amazon adds 5,000 jobs, hiring more than 7,000

Amazon announced plans Monday to add 5,000 full-time jobs at 17 facilities in the United States and to hire more than 7,000 workers as it beefs up its customer-service network.

The announcement comes one day ahead of an appearance by President Barack Obama Tuesday at one of the Internet retail giant's facilities in Tennessee.

Amazon, which has about 97,000 employees, is creating jobs as it expands its distribution network to speed up deliveries. The facilities are in 10 states across the country, from South Carolina to California.

Amazon said that more than 5,000 jobs were now available across its warehouse network, touting pay that is 30 percent higher than that of traditional retail stores.

"In the last year alone, Amazon opened eight fulfillment centers in the US, resulting in thousands of new jobs being added to communities nationwide," the company said in a statement.

The Seattle-based retailer also said it was currently hiring in four states for more than 2,000 jobs in its customer service network, which includes a mix of full-time, part-time and seasonal jobs.

Amazon's hiring comes amid a continued push by the company to favor growth into new ventures even at the expense of near-term profitability under the premise that profit growth will come later.

The company last week reported a quarterly loss of $7 million as revenues soared 22 percent to $15.7 billion. Amazon has spent heavily promoting its tablet, the Kindle Fire, as well as to establish a live-streaming video feature and produce original programming.

The market has generally welcomed Amazon's strategy, though the company also has its critics. After last week's earnings were released, the company's shares initially declined, but ended up closing the day 2.8 percent higher.

Amazon shares were down 1.5 percent in midday New York trade Monday.

Loading...

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • United States seeks access to Philippine bases as part of Asia pivot
    United States seeks access to Philippine bases as part of Asia pivot

    The United States has asked for access to Philippine military bases in eight locations to rotate troops, aircraft, and ships as Washington shifts its forces to Asia and as China expands its military presence in the South China Sea. U.S. Defense Secretary Ash Carter, in a speech in Arizona, has outlined Washington's next phase in its Asia "pivot", deploying its most sophisticated destroyers, bombers and fighters to the region. The Asia "pivot" has already seen U.S. Marines rotating through the …

  • China's island-building to loom large at SE Asia summit
    China's island-building to loom large at SE Asia summit

    China's creation of new island footholds in contested seas will hover over a Southeast Asian summit that has become an annual test of the region's nerve in standing up to its massive neighbour. The South China Sea hot potato drops this year into Malaysia's lap as the rotating chair of the 10 member Association of Southeast Asian Nations (ASEAN) and host of Monday's meeting. ASEAN states Vietnam, the Philippines, Malaysia and Brunei claim parts of the strategic South China Sea, but Beijing …

  • Philippines, China trade accusations over sea threats

    MANILA, Philippines (AP) — The Philippines accused China of aggressive maneuvers against its reconnaissance plane and fishermen in disputed seas where Beijing has stepped up construction of artificial islands, but China reiterated its claim on the strategic waterways. …

  • Indonesia orders execution of Mary Jane, 9 others
    Indonesia orders execution of Mary Jane, 9 others

    Indonesia has ordered preparations for the execution of 10 drug convicts, including Filipina Mary Jane Veloso, as the Philippine government filed yesterday a second appeal for judicial review of the case to save the maid from death by firing squad. The Attorney General’s Office (AGO) of Indonesia released an official letter dated April 23, instructing prosecutors to prepare for the execution of 10 convicts, the Jakarta Post reported yesterday. The execution would be conducted after the …

  • Noy to visit Canada, Japan
    Noy to visit Canada, Japan

    President Aquino will embark on a state visit to Canada in May and Japan in June to meet with his counterparts and promote Philippine interests. Deputy presidential spokesperson Abigail Valte said Aquino accepted the invitation from Canadian Governor General David Johnston to make a state visit to Canada from May 7 to 9. Tied to this trip is the President’s one-day working visit to the United States to meet with potential investors and with the local Filipino community in Chicago, Valte …

  • Business groups back K to 12 program
    Business groups back K to 12 program

    The government’s K to 12 program adding two more years to basic education received support from various business groups yesterday. However, they urged relevant government agencies to deal with issues regarding the implementation of Republic Act 10533, the Enhanced Basic Education Act or K-12 Law. In a statement, business groups led by the Philippine Business for Education (PBEd) said RA 10533 is a milestone piece of legislation that intends to bring the Philippines up to par with the rest of …

  • Happiest nations: Phl ranks 90th
    Happiest nations: Phl ranks 90th

    Switzerland is the happiest country in the world, while the Philippines placed 90th, according to a global ranking of happiness unveiled in New York on Thursday. Switzerland was followed closely by Iceland, Denmark, Norway and Canada. The 2015 World Happiness Report is the third annual report seeking to quantify happiness as a means of influencing government policy. The United Nations published the first study in 2012. …

  • Asean leaders want binding sea code with China
    Asean leaders want binding sea code with China

    Southeast Asian leaders will seek to speed up plans for a binding code of conduct with China governing behavior in the disputed South China Sea at a summit next week, Malaysia’s foreign minister said Friday. Foreign Minister Anifah Aman said a massive flow of Muslim Rohingya refugees from Myanmar to neighboring countries will also be discussed at the two-day summit of the 10-member Association of Southeast Asian Nations, which starts Monday. Anifah said leaders are expected to raise concerns …

POLL

Should Aquino be held accountable over the Mamasapano operations?

Loading...
Poll Choice Options