NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Amazon Launches Fulfillment Center Hiring Spree In Anticipation Of Black Friday

Published 10/25/2019, 01:31 AM
FDX
-
AMZN
-

There's no place like Amazon.com (NASDAQ:AMZN) for the holidays.

Amazon Job Postings For Fulfillment/Warehouse Associate

And CEO Jeff Bezos seems to know it. The e-retailing titan is already loading up on staffers for this holiday season, it seems, by making big investments in staffers who handle and deliver the goods (or get it as close to the consumer as possible). Here is a rundown of what Amazon (NASDAQ:AMZN) is doing with earnings on the way Thursday, October 24.

Overall, Amazon (NASDAQ:AMZN) has grown job postings 43% over the course of 2019 (not shown). And a lot of that has been focused on getting the goods to the consumer.

Fulfillment and Warehouse Associate roles - the people working for Amazon (NASDAQ:AMZN) that typically perform tasks like picking up packages "less than 49 pounds" and working in either seasonal or part-time positions - have grown nearly 10-fold in 2019 in terms of job postings, rising from 38 to 359.

It's clear from Amazon's hiring patterns that these jobs are posted cyclically - but this job posting category is still up well over what it was 12 months ago, the first suggestion that Amazon (NASDAQ:AMZN) is investing more in shipping and delivery.

Amazon Job Postings For Customer Service

Customer service job postings are up more than 73%. For every order I've placed think Amazon (NASDAQ:AMZN), I strain to think of a single time when things went so poorly that I had to call in to deal with the situation. Then again, Amazon is facing a different shipping and delivery scenario this holiday season, than it did a year prior.

In August, longtime delivery partner FedEx Corporation (NYSE:FDX) terminated its contract with the e-commerce titan, putting Amazon (NASDAQ:AMZN) in a position of needing to cover "last-mile" capabilities. It's likely that some of the job postings Amazon is adding will cover this gap.

Amazon Job Postings For Fulfillment & Operations Management

We conclude with a chart covering Fulfillment and Operations Management roles - so, the managers and senior workers, who work with the people tracked in the first chart. Here, we see job postings rising nearly 150%, in one of Amazon's biggest hiring categories - the company grew job postings in this segment to more than 1,600, again, outpacing prior years' figures at this time. Supply chain roles (not shown) are also up 50% in 2019.

Amazon (NASDAQ:AMZN) analysts tracked by Zacks Investment Research are expecting EPS $4.46 when the company announces earnings October 24; shares have risen nearly 16% year-to-date.

About the Data:

Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.