Amazon.com, Inc. (NASDAQ:AMZN) Staffs for Holidays and Battles New York Times

Amazon.com, Inc. is creating 100,000 seasonal jobs to help with the increased demand during the upcoming holiday season.

Amazon Gets Set for the Holidays

The tech giant said Tuesday that the new positions will be across its shipping warehouses and sorting centers in the U.S. Today’s news follows the recent hiring of 25k permanent staff in the run up to the holiday period.

Amazon.com (NASDAQ:AMZN) Shipping Box

“We’ve hired more than 25,000 full-time associates across the U.S. in recent months and we’re looking forward to adding 100,000 seasonal employees for the upcoming holiday season,” Mike Roth, Amazon North America’s vice president of operation, said in a statement.

Amazon.com, Inc. last year hired 80k seasonal employees during the same period. The e-commerce firm has more than 90k full-time staff, working at its 50 fulfillment centers and 20 sorting centers spread across the length and breadth of the country.

“Following last year’s holiday season, tens of thousands of seasonal employees found regular, full-time roles with Amazon. We’re excited to grow our team by finding great talent through our seasonal hiring efforts in addition to creating new full-time jobs that offer comprehensive benefits starting on day one,” Roth added.

In its last reported quarter, Amazon’s net income hit $92M, compared to the $126M loss it recorded in the year ago period.

Spat with New York Times Intensifies

In related news, Amazon.com, Inc. has published a blistering rebuttal to New York Times story about the online retailer’s work culture.

The war of words broke out after Amazon said yesterday that the article misrepresented the firm. Within a few hours, the Times’ executive editor reiterated his support for his reporters and the story.

The front page article by Jodi Kantor and David Streitfeld, titled “Inside Amazon: Wrestling Big Ideas in a Bruising Workplace,” was brought out on Aug 16. It narrated employee anecdotes of how colleagues, under intense work pressure, would burst out crying at their desks.

Jay Carney, Amazon.com, Inc. ’s senior VP for global corporate affairs, wrote in a Medium blog post that the veracity of the article was a big suspect. He accused that the two reporters did not bother to check the credibility of their sources.

“What we do know is, had the reporters checked their facts, the story they published would have been a lot less sensational, a lot more balanced, and, let’s be honest, a lot more boring. It might not have merited the front page, but it would have been closer to the truth,” he said.

Just a few hours after Carney’s post, the Times’ executive editor Dean Baquet released his own response on Medium. Baquet said he stood by the story. He clarified that his reporters spoke with over 100 current and former Amazon.com, Inc. employees before filing the report.

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Based in Saudi Arabia, Siraj has a strong understanding of and passion for accounting and finance. He has worked for international clients for many years on several projects related to the stock market, equity research and other business, accounting and finance related projects. Siraj is a published financial analyst on the world's leading websites including SeekingAlpha, TheStreet, MSN, and others.


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