Amazon Com Stock Price, News & Analysis

Amazon's new fulfillment center in Fargo, North Dakota, has officially commenced operations as of September 19, creating over 1,000 full-time jobs. This facility, the largest in North Dakota, enhances Amazon's delivery capabilities across North Dakota, Minnesota, and South Dakota. The company has invested more than $200 million in the state since 2010, contributing an estimated $150 million to the state's GDP. Additionally, Amazon offers competitive benefits, including a $15 minimum wage, healthcare, and a $1.2 billion investment in employee education by 2025.

Amazon hosted its Career Day 2021, attracting over 1 million job applicants globally. The event featured 30,000 free career coaching sessions offered by more than 2,000 recruiters in just one day. Participants learned about various job opportunities, including 40,000 corporate and tech roles. Amazon assures all regular full-time employees receive core benefits, such as health insurance from day one and a 401(k) plan. The event highlighted Amazon's commitment to hiring and employee development, as it was recognized as a top workplace by LinkedIn and other organizations.

Amazon has announced the creation of an additional 7,500 jobs in Arizona, complementing a recent addition of 40,000 corporate positions. New roles in logistics offer an average starting pay of over $18 per hour, with up to $22.50 in some areas. Employees receive extensive benefits from day one, including health insurance and 401(k) matching. This announcement precedes Amazon's Career Day on September 15, providing free career coaching to participants. The company has hired over 450,000 workers in the U.S. since the pandemic began.

Amazon (NASDAQ: AMZN) is expanding its workforce by providing an additional 125,000 local jobs in logistics across the U.S., alongside previously announced 40,000 corporate jobs. These roles offer average starting pay exceeding $18 per hour, with sign-on bonuses up to $3,000 in select areas. Full-time employees receive comprehensive benefits and access to training programs, including tuition coverage through Amazon's $1.2 billion investment in education initiatives. The announcement coincides with Amazon's annual Career Day on September 15, aiming to support job seekers of all backgrounds.

Tripadvisor has announced a collaboration with Audible to enhance travel experiences through audio entertainment. This partnership allows travelers to access Audible's vast library of audiobooks and podcasts along with personalized "Trip Playlists" created by Tripadvisor Plus. The promotion includes discounts for Audible members, 90-day free trials for Tripadvisor Plus members, and free trials for all Tripadvisor members. This initiative aims to enrich travel, making it more enjoyable and informative.

Amazon has announced a significant expansion of its education and skills training benefits for its U.S. employees, with a $1.2 billion investment through 2025. The initiative will cover full tuition for over 750,000 operations employees, as well as GEDs and ESL certifications. Three new training programs in data center technology, IT, and user experience design will also be introduced. This move aligns with findings from the Amazon-Gallup American Upskilling Study, which shows 70% of workers would change jobs for free training.

Amazon has launched its first-ever Fire TV smart TVs: the Omni Series and 4-Series, along with the Fire TV Stick 4K Max. The Omni Series TVs offer hands-free Alexa voice control and 4K Ultra HD, starting at $409.99. The 4-Series provides exceptional 4K quality at affordable prices, starting at $369.99. The Fire TV Stick 4K Max boasts 40% more power and Wi-Fi 6 support for improved streaming performance, retailing at $54.99. All devices will be available in the U.S. next month, with introductory discounts on select models.

Amazon and Best Buy have launched new smart TVs featuring Fire TV built-in from Pioneer and Toshiba. The Pioneer series includes 4K UHD options in 43” and 50” sizes, set to ship late September and early November, respectively. The Toshiba series features far-field voice capabilities via Alexa and will be available in larger sizes, launching in Spring 2022. This collaboration expands the existing range of over 80 Fire TV models since 2018, responding to increased consumer demand with millions sold and average ratings of 4.4 stars.