ON STAFF: Amazon's $700M Retraining Bet
10 monthes ago - By WWD
Amazon.com is looking to give itself an employment advantage as the U.S. unemployment rate hovers near a record low and skilled workers are getting harder to come by.
The Seattle-based giant unveiled plans Thursday to retrain around a third of its workforce by 2025 at a cost of around $700 million as retailers battle it out for workers and technology reshapes traditional retail jobs.
Per Amazon's surprise announcement, the 100,000 workers will have access to a plethora of programs to help them move into highly skilled technical and non-technical roles across the company's corporate...
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