“It’s a very competitive job market. And certainly, the biggest contributor to the inflationary pressures that we see in the business,” said Brian Olsavsky, chief financial officer of Amazon, in July. “We are spending a lot of money on signings and incentives.”
Businesses expect high demand on this holiday and an increase in staff as the holidays approach. Retail sales this holiday season will increase by up to 9% from last year, while e-commerce sales will increase by up to 15%, Deloitte said in a forecast released Tuesday.
Amazon’s business increased during the pandemic as many shoppers, spending more time at home, increased their purchases online. The company has added more than 450,000 workers to the United States since the start of the pandemic and now has 950,000 American workers.
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