By Tyler Durden, ZeroHedge
Weeks after Amazon reported blowout second-quarter results, including massive beats on the top line, and double-digit revenue growth YoY – supported by an explosion of online shopping amid the virus pandemic – the e-commerce giant is set to expand physical offices and add thousands of “white collar” jobs across the US according to a new report in The Wall Street Journal on Tuesday.
The news of the hiring spree comes less than a week after the company announced plans to cut ties with small contract delivery firms across the country, costing 1,200 delivery drivers their jobs.
And as all the big banks talk about reducing their physical footprint, Amazon is following Facebook in expanding into even more office. The e-commerce giant is looking into office space in New York, Phoenix, San Diego, Denver, Detroit, and Dallas.
The hiring wave is expected to add nearly 3,500 jobs to AMZN’s head count across all six cities, along with more than 2,000 of them heading for the former Lord & Taylor building in Midtown Manhattan – also known as the “consolation prize” Bezos gave to New York City after deciding that he’d had enough of AOC’s nonsense and scrapped his plans for an “HQ2” in the city. Sources told The Journal that Amazon purchased the Lord & Taylor building for more than $1 billion.
Amazon, like many other retailers, was blindsided by the surge in online orders during the virus pandemic, and is now expanding rapidly to make sure logistical bottlenecks and supply chain shortages don’t happen again as millions of Americans embrace remote work and shopping online.
Many of the new corporate jobs will include engineering and product management positions, as well as others in Amazon Web Services, the Alexa virtual assistant team, advertising, and Amazon Fresh.
Vice President of Workforce Development Ardine Williams told The Journal all the jobs being added are new.
The pandemic has entirely reshaped how Americans consume. Amazon understands the evolving situation and is significantly scaling up its backend so that it can handle an influx of future orders without hiccups.
Wiki Production Code: A0092