AMZN Stock Down 1.25% in Pre-market, Amazon Plans to Add 10,000 New Jobs in UK This Year

UTC by Tolu Ajiboye · 3 min read
AMZN Stock Down 1.25% in Pre-market, Amazon Plans to Add 10,000 New Jobs in UK This Year
Photo: Amazon

After announcing more jobs in the U.S., Amazon has recently revealed plans to add more permanent roles in the UK. The company is also open to temporary employees. Inc (NASDAQ: AMZN) announced its plan to create 10,000 new jobs in the UK. The company said the roles will include engineering roles, health and safety specialists, and more.

According to the announcement, Amazon hopes to create new and permanent jobs before the end of the year. When the plan is executed, the company will have over 40,000 workers in the UK.

The vice president of the multinational e-commerce giant Stefano Perago commented on the new move:

“We are employing thousands of talented individuals in a diverse range of jobs from operations managers and tech professionals through to people to handle customer orders.”

Speaking on the new roles, he added:

“The new roles will help us to continue to meet customer demand and support small and medium sized business selling on Amazon.”

Already, Amazon has added 3,000 permanent UK staff to take care of sorting and delivering goods to customers. According to the company, there would be an additional 7,000 roles to work across 50 sites in the city, with a minimum pay of £9.50 per hour. While speaking on the new jobs on Thursday, Amazon revealed plans to open two new warehouses in a few months. The new storerooms will be located in the North East and in the Midlands.

Before now, Amazon offeredtemporary roles to workers during the lockdown. Presently, the company is planning to hire an additional 20,000 temporary workers. The new workers will help in dealing with high demands during the festive period in December. With the latest development, however, many temporary staff will be able to transit to permanent roles. Perago said:

 “We prepare year-round for the festive season and we’re also excited to have over 20,000 seasonal positions available this year to help delight our customers.”

Also, Business Secretary Alok Sharma revealed that the company’s plan is a sign of confidence in the rebound of the UK economy.

More Amazon Jobs for the U.S.

In August, Amazon announced plans to add 3,500 jobs in six US cities. According to a CNBCreport, the company will hire new staff in Dallas, New York (Manhattan), San Diego, Detroit, Denver, and Phoenix. Also, the company aims to invest $1.4 billion to expand tech hubs and corporate offices in the six cities.

According to the senior vice president of human resources at Amazon, Beth Galetti, the new US roles will explore diverse talent to help the tech community grow further.

In addition, 2,000 out of the 3,500 roles will be in New York, where the company has acquired the Lord & Taylor building in Midtown Manhattan.

In 2020, Amazon’s stock performance has been increasing. Currently, at a pre-market trading price of $3,487.31 (-1.25%), AMZN has climbed around 90% since January. Also, for the past three months, the company has jumped 43.42% and nearly 10% in the past month. In the last five days, AMZN rose 3.87%.

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Tolu Ajiboye
Author Tolu Ajiboye

Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify crypto stories to the bare basics so that anyone anywhere can understand without too much background knowledge. When he's not neck-deep in crypto stories, Tolu enjoys music, loves to sing and is an avid movie lover.

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