Amazon plans 4,000 more jobs in the UK this year, defying tech downturn

Amazon plans 4,000 more jobs in the UK this year, defying tech downturn


An Amazon warehouse in Warrington, England.

Nathan Stirk | Getty Images

Amazon announced Friday it would create more than 4,000 permanent jobs in the U.K. in 2022, defying a wave of job cuts in the tech industry.

The roles will include job functions in software development, product management, and engineering, as well as operational duties in fulfilment centres, sort centres and delivery stations.

Additional staff will be added in a number of regions across the U.K., including Wakefield and Knowsley in northern England, where the firm is opening two new Amazon fulfilment centers.

The hiring push will bring Amazon’s permanent workforce in Britain to over 75,000, the company said.

“We’re continuing to invest in talent right across the U.K.,” John Boumphrey, Amazon’s U.K. country manager, said in a press release.

“People join us not just for the wide variety of roles, great pay and benefits, but for the career development opportunities we provide.”

The company’s U.K. hiring spree marks a contrast with other parts of the tech industry. The sector is reckoning with a reversal in fortunes lately amid rising inflation and higher interest rates.

Major firms including Microsoft, Netflix and Robinhood have slashed varying numbers of jobs, among other cost-cutting measures, in anticipation of slowing economic growth.

Hiring at Amazon surged during the Covid pandemic after stay-at-home restrictions boosted e-commerce sales. However, the company’s chief financial officer, Brian Olsavsky, said on a recent earnings call that the firm became “overstaffed” as result of its Covid hiring spree.

Amazon has faced criticism over its treatment of workers in the past. Delivery drivers and warehouse staff, for instance, have complained of poor working conditions, and questions have been raised over workplace safety at the company.

Amazon has said it is working to improve the situation and is investing billions of dollars in new safety measures and technologies.

In April, workers at Amazon’s Staten Island warehouse made history by voting to join a union — the first time that’s happened in the U.S.



Source

Airbnb beats on top and bottom lines for second quarter
Technology

Airbnb beats on top and bottom lines for second quarter

Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of […]

Read More
Lyft misses quarterly revenue estimates on competition, weak US travel demand
Technology

Lyft misses quarterly revenue estimates on competition, weak US travel demand

An empty Lyft pickup area is shown as ride-share drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights,” in Los Angeles on Aug. 20, 2020. Mike Blake | Reuters Lyft missed second-quarter revenue estimates on […]

Read More
Firefly Aerospace prices shares at , above the expected range
Technology

Firefly Aerospace prices shares at $45, above the expected range

The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty Images Firefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range. The Texas-based rocket maker will […]

Read More