Amazon (NASDAQ:AMZN), often criticized for its harsh working conditions, announced that it would add around 1500 apprenticeships in its UK stores in 2022.
The e-commerce retailer revealed that its workforce grew to 2021 in the UK and said it was offering new places on 40 different schemes, including 200 degree-level sites in publishing, retailing, marketing, and environmental, social, and Corporate Governance (ESG).
In 2021, Amazon increased its permanent UK workforce to 70,000, exceeding its initial target of 55,000 permanent roles by the end of the year.
Earlier, it proposed to add 10,000 jobs in 2021 and ended up hiring 15,000 additional roles for its fulfillment centers, sort center, and delivery stations across the UK, according to the report. The cloud computing behemoth said it invested $43.3 billion in the UK since 2010 but did not break down that investment.
The latest recruitment drive comes as firms in the UK and the US report growing problems filling skilled roles, while Amazon has previously also offered a signing-on bonus of £1,000 to fill some positions.
John Boumphrey, the firm's UK country manager, said Amazon was "proud" to have created the 1,500 apprenticeships, which would "help even more people get the skills that are in demand in today's labor market."
IN MARKET NEWS
Today, after trading sideways for nearly 18 months, Amazon will be disclosing its Q4 2021 financial results, which are equally important for Amazon's shareholders and investors in the stock market.
Last quarter, Amazon missed Wall Street predictions for both revenue and earnings and was the second consecutive quarter that revenue fell short of the analyst consensus estimate. Over the past year, shares of Amazon have lost 5.5% and not the kind of absolute performance investors would like to see.
Though investors can expect material news very soon with Amazon guiding revenue of $130 billion to $140 billion for the fourth quarter, representing 4% growth to 12% year over year.
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