Amazon to hire 100,000 to keep up with online shopping surge
New York: Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship, or sort orders, working in part-time and full-time roles. Amazon said the jobs are not related to its typical holiday hiring.
The Seattle company reported record profit and revenue between April and June as more people turned to it during the pandemic to buy groceries and supplies.
The company already had to hire 175,000 people earlier this year to keep up with the rush of orders, and last week said it had 33,000 corporate and tech jobs it needed to fill.
This time around, Amazon said it needs the people at the 100 new warehouses, package sorting centers, and other facilities it's opening this month.
Alicia Boler Davis, who oversees Amazon's warehouses, said the company is offering USD 1,000 sign-on bonuses in some cities where it may be harder for it to find workers, such as Detroit, New York, Philadelphia, and Louisville, Kentucky. Starting pay at Amazon is 15 an hour.
Things are about to get a lot busier at Amazon's warehouses. In addition to the holiday shopping rush, Amazon plans to hold its one of its busiest shopping days, Prime Day, in the fall this year after postponing it from July.
Amazon will be monitoring whether it needs to hire more workers for the holidays, but doesn't have anything to announce yet, Boler Davis said. Last year, it hired 200,000 ahead of the holidays.
One company is already preparing for the spike in orders: UPS said last week that it plans to bring in 100,000 people to help it deliver packages during the holiday season.
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Odisha Police arrests key accused in Rs 40-crore investment fraud
Bhubaneswar (PTI): Odisha Police's Economic Offences Wing (EOW) has arrested the prime accused in a Rs 40-crore trading fraud, an officer said on Friday.
The accused, identified as Amit Mandal of West Bengal's Bankura, was arrested from his home district on December 31, the officer said.
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After producing him in a local court there, Mandal was brought to Odisha on Friday, the EOW officer said.
The arrest was made in connection with a case registered on December 29 at the EOW police station on the basis of a complaint lodged by Sushant Kumar Das of Khurda district.
The complainant alleged that Mandal and his associates induced him to invest in share trading by promising high monthly returns ranging from 3.5 to 7 per cent per month.
Das had reportedly deposited Rs 8.5 lakh during 2022–2024.
According to police, Mandal induced around 500 depositors from Odisha and 100 from West Bengal between 2020 and 2024 and collected over Rs 120 crore, of which over Rs 40 crore is yet to be returned to investors.
"Initially, he paid monthly returns of depositors. However during 2023, Mandal failed to pay the returns and falsely assured the depositors that their money will be re-invested in his newly formed company. But suddenly he went missing before being arrested in Bankura district," the official said.
According to the EOW, the accused had been collecting deposits in his personal bank accounts maintained with two banks. "Scrutiny of one bank account revealed transactions amounting to Rs 122 crore. Other accounts are under verification," the officer said.
