NUMBER OF THE DAY
Amazon’s Record-Breaking Hiring Spree, by the Numbers
It’s the fastest workforce expansion in the history of corporate America
427,300: That’s how many employees Amazon added to its workforce between January and October this year. The company now has 1.2 million employees, 50% more than last year, making its recent hiring spree the most rapid workforce expansion in corporate America ever, according to the New York Times.
No company exemplifies how much the pandemic has favored large corporations as much as Amazon. The e-commerce giant has pressed its advantage in several different ways this year: launching pharmacy services; expanding its catalog of private label goods; replacing the USPS with its own delivery network; and turning recently vacant mall space into fulfillment centers.
While many workplaces have shifted to remote work, Amazon seized the opportunity to dramatically expand its real estate footprint, paying $1 billion in March for the iconic Lord & Taylor building in Manhattan, and…