Amazon plans to hire 150,000 workers for the holidays [CNBC]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: CNBC
The retail giant typically staffs up around the peak holiday shopping season, bringing on hordes of temporary workers so it can better keep up with demand. Amazon said it's hiring full-time, seasonal and part-time workers who can pick, pack, store and ship items in its warehouses. Amazon, staring down an ultra-tight labor market, last week bumped its average starting pay for warehouse and delivery workers to more than $19 an hour, up from $18 an hour. The company said Tuesday it's offering sign-on bonuses ranging from $1,000 to $3,000 depending on the area, in another sign it's sweetening perks to attract and retain workers. The hiring ramp comes as Amazon prepares to host a Prime Day-like deal bonanza next week, the second time it will hold two such events in the same year. The event will serve as an early kickoff to what some analysts project will be a slower holiday season amid soaring inflation and fears of a recession. Macro concerns, along with pandemic-driven expansion
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