Amazon to hire 75,000 more employees, boost pay increase investment to more than $500 million [MarketWatch]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: MarketWatch
Shares of Amazon.com Inc. rallied jumped 3.6% in morning trading Monday, after the e-commerce and cloud giant said it was hiring 75,000 more employees, in addition to the 100,000 it already hired, to help meet increased demand. The company said it now expects to investment more than $500 million in payroll increases, up from a previous estimate of $350 million, as hourly employees wages are increased by $2 an hour, and as hourly base pay for overtime hours worked was doubled. Amazon said it was increasing capacity for grocery delivery from Amazon Fresh and Whole Foods Market "as quickly as possible," with focus on "high-priority" items such as household staples and medical supplies. Amazon's stock has rallied 11.9% over the past three months, while the Dow Jones Industrial Average has lost 19.8%.
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News
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- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
- Amazon.com (NASDAQ:AMZN) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website