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Amazon to temporarily close Homestead facility, convert it into fulfillment center as workers face transfers [CBS News]

Amazon.com, Inc. (AMZN)  More Company Research Source: CBS News
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The move affects about 1,000 employees who currently work at the facility, though Amazon says all workers will have the option to transfer to other locations during the transition and return once renovations are complete. The company said the conversion will allow the site to handle the entire order process, from receiving and storing products to packing and shipping them directly to customers, rather than functioning solely as a shipping center. Amazon to convert Homestead site into full fulfillment center "We're always evaluating our network to make sure it fits our business needs and to improve the experience for our employees, customers, partners, and drivers," Amazon spokesperson Amber Plunkett said. "As part of that effort, we occasionally convert existing facilities to a new type of facility, which is what we plan to do here later this year." Plunkett said the revamped facility is expected to reopen in mid-to-late 2028 and will continue employing approximately 1,000 pe [Read more]
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Stockreport

Amazon to temporarily close Homestead facility, convert it into fulfillment center as workers face transfers [CBS News]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: CBS News
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The move affects about 1,000 employees who currently work at the facility, though Amazon says all workers will have the option to transfer to other locations during the transition and return once renovations are complete. The company said the conversion will allow the site to handle the entire order process, from receiving and storing products to packing and shipping them directly to customers, rather than functioning solely as a shipping center. Amazon to convert Homestead site into full fulfillment center "We're always evaluating our network to make sure it fits our business needs and to improve the experience for our employees, customers, partners, and drivers," Amazon spokesperson Amber Plunkett said. "As part of that effort, we occasionally convert existing facilities to a new type of facility, which is what we plan to do here later this year." Plunkett said the revamped facility is expected to reopen in mid-to-late 2028 and will continue employing approximately 1,000 pe [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS