Amazon plans to hire 150,000 workers before the holiday season

Amazon (AMZN) announced on Thursday that it plans to hire an additional 150,000 workers ahead of next week’s Prime Early Access Sale and the upcoming holiday season.

Next week’s sale marks the second time the company has held a Prime Day-like event.

The recruitment push is part of a strategy the company has used to expand its temp workforce to meet booming demand. In the recent hiring wave, the company announced that it is hiring full-time, seasonal and part-time workers for its warehouses.

Amid a tough job market in recent weeks, Amazon has raised its average starting wage for warehouse workers to over $19 from $18 at the end of September.

Earlier this year, Amazon itself was under pressure. The company closed several of its warehouses in September while delaying the opening of some buildings amid excess storage space.

While some companies like tech giants Meta, Netflix, and Salesforce have announced hiring freezes and layoffs in recent months, retail is experiencing a resurgence.

Both Walmart and Target recently unveiled plans to hire 40,000 and 100,000 seasonal workers, respectively.

To attract workers, Amazon said Tuesday it is offering signup bonuses ranging from $1,000 to $3,000.

In its Q2 report, the company reported operating income of $3.3 billion, up from more than $7 billion a year earlier. Amazon also said it had reduced its workforce by nearly 99,000 to 1.52 million. Amazon plans to hire 150,000 workers before the holiday season

Fry Electronics Team

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