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Amazon to add 75,000 jobs for logistics in N. America by AFP Staff Writers Washington (AFP) May 13, 2021 Amazon announced plans Thursday to add 75,000 jobs in the United States and Canada as part of a further ramping up of the e-commerce giant's massive warehouse and logistics network. The tech giant, which already has more than 800,000 US employees, said it would offer "an average starting pay of over $17 per hour," along with health and retirement benefits and bonuses of up to $1,000 and $100 extra for those vaccinated for Covid-19. "We look forward to hiring 75,000 associates across our fulfillment and transportation network," said Alicia Boler Davis, vice president of global customer fulfillment at Amazon. The news comes after Amazon founder Jeff Bezos said last month the company needs a better "vision" for its workers, despite having prevailed in a bruising battle over unionization at one of its warehouses. Bezos, who is giving up his job of chief executive but will remain chairman of Amazon, said his goal is to make the company "Earth's best employer and Earth's safest place to work." Amazon's announcement said it has already begun hiring at various sites including in Arizona, California, Colorado, Georgia, Illinois, Kentucky, Maryland, Michigan, Minnesota, New Jersey, Pennsylvania, Tennessee, Washington state and Wisconsin. rl/to
SoftBank reports Japanese record of $45 bn annual net profit Tokyo (AFP) May 12, 2021 Investment giant Softbank Group on Wednesday reported an annual net profit of $45.8 billion, the best ever for a Japanese company, reaping the rewards of tech share rallies to recover from last year's record loss. The telecoms-firm-turned-investment-behemoth has poured money into some of Silicon Valley's biggest names and hottest new ventures from AI to biotech through its $100-billion Vision Fund. "The technology sector, where the company focuses its investment strategies, has been positively i ... read more
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