Amazon is big … really, really big; workforce hits 500K

NEW YORK — Need more proof that Amazon is big? It came this week.

Amazon’s U.S. workforce has topped 500,000 for the first time, up 43% from the year before and more than triple what it was five years ago, the company said Friday. It gained 150,000 workers last year, more than the size of Apple’s entire workforce.




When it reported its quarterly performance Thursday , Amazon revealed that 150 million people were paying to be members of its Prime service, which offers faster shipping and other perks. On Friday, even while the Dow fell 600 points, Amazon shares soared passed $2,000 apiece, doubling in price in about two years.

Amazon’s growth comes with increased scrutiny. Some Democratic presidential candidates want to break it up. Others want it to pay more taxes. It is a regular target of President Donald Trump, who has been tweeting similar complaints as he fights with Amazon founder Jeff Bezos, who also owns The Washington Post. Amazon has said it shouldn’t be broken up, and that it pays all the taxes it owes.

Being under the microscope has not slowed its phenomenal growth. Sales during the holiday season soared. Its other businesses, including cloud computing and advertising, grew, too, despite increased competition from other big tech companies.

Analysts at Benchmark said the results were a “not-so-subtle reminder Amazon is still king.”


After retreating from a proposed new headquarters location in New York City because of local opposition, it has ramped up hiring across the country, including New York City. Amazon said it has 30,000 workers in tech offices outside of its Seattle home, in cities such as Chicago, Denver and Austin, Texas. That group of workers is up 50% in the last year and a half, Amazon said.

It has also increased hiring at its warehouses and delivery centers, where orders are packed and shipped.

Worldwide, Amazon had 798,000 employees by the end of last year. Only one American company beats Amazon in the size of its workforce: retail rival Walmart, which employs 1.5 million in the U.S. and more than 2 million worldwide.

Walmart, however, took 35 years to build a workforce of similar size to Amazon today. Amazon reached the milestone in 24 years, more than a decade sooner.

source: technology.inquirer.net

Facebook to boost site safety with 1,000 more UK staff

Facebook on Tuesday said it plans to create 1,000 more London-based jobs this year to improve safety on the social network with the aid of artificial intelligence.

The announcement came as Facebook’s head of global affairs and communications Nick Clegg, a former United Kingdom deputy prime minister, again urged action on setting new rules for the internet.


“Last spring, Facebook’s chief executive officer Mark Zuckerberg outlined four areas where he believes smart regulation can make a real difference: harmful content, election integrity, privacy and data portability,” Clegg said in a speech delivered in Rome.

“In these areas and others we are keen to engage constructively with policymakers. We have not only long accepted the need for new regulation, we are impatient to get going.”

And in a message directed at European policymakers, Clegg added: “Everyone agrees the internet needs new rules. We want them, just as you do. So let’s get to work.”

Facebook’s chief operating officer Sheryl Sandberg meanwhile noted that increasing the company’s London workforce by around one third would help to “address the challenges of an open internet and develop artificial intelligence to find and remove harmful content more quickly.

“They will also help us build the tools that help small businesses grow, compete with larger companies and create new jobs,” she added.

Facebook said that it was increasing the number of staff at its largest engineering hub outside the United States to more than 4,000.

“The U.K. is a world leader in both innovation and creativity. That’s why I’m excited that we plan to hire an additional 1,000 people in London this year alone,” Sandberg said.

British Prime Minister Boris Johnson welcomed the move, saying that “the U.K. is successfully creating both homegrown firms at the forefront of cutting-edge technologies, such as artificial intelligence, whilst attracting established global tech giants like Facebook.” RGA

source: technology.inquirer.net