As one of the largest employers in the United States, Amazon has announced plans to grow its employee base to over 280,000 by mid-2018. This puts Amazon.com on a path to create more than 100,000 new jobs within the next 18 months. The jobs offered will be full-time with full benefits for U.S. based employees.
The announcement comes on the heels of President-elect Trump’s call to businesses to employ more workers here in the U.S. rather than outsource overseas. Amazon’s growth in the last five years is an indication the company was set to continue growing in record numbers no matter who sits in the oval office, and despite his request. According to the company’s press release, Amazon grew its workforce from 30,000 employees in 2011 to over 180,000 by the end of 2016.
Amazon’s owner, Jeff Bezos, showed an entrepreneurial spirit even as a teenager in high school. It was then that he began a summer camp for youth in his neighborhood. He later graduated Princeton and found a job on Wall Street. He left a lucrative position there to begin a career in e-commerce through Amazon, which began as a virtual bookstore. It is now second only to Wal-Mart in online sales.
Bezos, being the savvy businessman he is, understands business and how to make it better. He has much to do in the coming months as he turns his attention to growing his business even further. Job market research suggests the growth of the business and increase in jobs through Amazon is in direct contrast to the retail market’s growth levels.
Online retail has taken the retail market by storm and changed the way consumers shop. The change is especially noted during the holidays when shopping is at an all-time high. Shoppers are choosing more online shopping options through retailers such as Amazon avoiding travel to brick and mortar stores, standing in lines, etc.
In order to entice more shoppers during this past holiday season, department stores such as Kohl’s, Neiman Marcus, Macy’s had to slash prices significantly. Amazon typically offers lower prices than retail stores on some of its merchandise. Yet, consumers should still compare in order to get the best deal.
With plans to grow on the horizon, and the prospect of new jobs for the public, Amazon is set to become a global leader in retail. Can the company succeed in dramatically increasing its workforce in such a short period of time? We will have to wait and see.
How has online retailers like Amazon changed the way you shop as a consumer? Let’s discuss here or on Twitter @lcarterwriter.