The stock of Amazon.com, Inc (NASDAQ:AMZN) closed at $995.89 declining 0.03% in yesterday’s trading session. The provider’s enormous facility located in Kentucky happens to be one of the several that are expected to hold a job fair Wednesday. Reportedly, the provider has plans underway to hire a large number of employees ahead of the holidays.
This company is confident that it will succeed at bringing the new employees aboard right before the other retailers take them up for the upcoming holiday shopping season. This was revealed recently by an equity analyst with CFRA Research in New York, Tuna Amobi.
Amazon is looking forward to generate thousands of job offers in only one day. It thinks of the giant job fair as a pretty transformational moment in its long business history. The warehouse in Hebron will be among the dozen warehouses that will be a part of this across the U.S.As a matter of fact, the new employees will be working on a full time basis.
In making his statement, Amobi opined, “You know usually we don’t see that many full-time employees get hired by any one company so I think it also speaks to Amazon’s strategic vision as to its underlying confidence that its business is going to continue to grow.”
Another company executive said that this would serve as the most perfect explanation as to why the provider is keeping most of the hires as full time employees. A lot of the concerned parties see it as pretty remarkable.
Amobi has had a lot to say in regards to the matter. In another instance, he outlined that the company was experiencing a shortage of workers. This added to Amazon’s rapid growth compelled the company to come up with an initiative that will see it boost its number of workers. The new workers will be quite instrumental towards helping the provider build out its capability, infrastructure and logistics.
About 40,000 of the 50,000 jobs will be on a full-time basis. Most of them are expected to count towards the provider’s recently announced objective of adding 100,000 full-time workers by the middle of next year.