BERLIN: U.S. online retail giant Amazon (AMZN.O) plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what is its second-biggest market after the United States. That will bring Amazon’s total staff in Germany to more than 20,000 across more than 35 sites by the end of 2019, the retailer said in a statement on Sunday. It added that its 13th warehouse in Germany would be in the western city of Moenchengladbach. Amazon has faced a long-running battle with unions…
Amazon announced plans Thursday to offer job training to around one-third of its US workforce to help them gain skills to adapt to new technologies.
MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company valued at $38.3 billion
Amazon’s new recruit comes from a medieval walled town in central Italy and can box and seal at least 600 items of different shapes and sizes every hour
India has told foreign e-commerce firms such as Amazon and Walmart’s Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts
An Amazon statement said the latest incentive would also include three months of wages for employees who want to start their own delivery enterprise.
Jeff Bezos said the implementation was complex, with specially designed cameras and shelves and new computer vision algorithms.
Walmart’s Mexico unit has penalized food companies supplying groceries to rival Amazon, pressure that has forced some to pull their products from the world’s largest online retailer, four people familiar with the matter said.