Amazon cut 30,000 corporate jobs to focus on AI. Now it’s promising 30,000 entry-level roles in the UK by 2030
Article excerpt
Highlighted: the sentence this signal was extracted from
The UK has grappled with a worsening employment situation, as young workers experience joblessness at a higher rate than older workers. The government has encouraged employers to do their part to reduce the youth unemployment rate, and Amazon is the latest company to pick up the baton. On Oct. 20, the e-commerce giant announced a new program called the Amazon Youth Promise, through which it aims to create 30,000 new entry-level jobs in the UK by 2030, the Independent reported . The initiative is geared toward young workers, but will also provide job training to people "not in education, employment or training" (also known as Neets). Salaries will start at 31,000 British pounds (roughly $41,500). "When I visit our sites, I meet young people who had no idea where to start six months ago," John Boumphrey, UK country manager for Amazon, said in the company's press release. "They didn't have a CV. They didn't have experience. What they had was a positive attitude and a willingness to learn." Despite this and other recent recruitment announcements, including plans to hire 300,000 seasonal workers for the holidays, Amazon has also cut white-collar jobs, letting go of roughly 1,000 workers in India, the UK, and its retail business in early October, Business Insider reported. That's on top of the 30,000 jobs it cut over the past year to restructure its business and focus more on AI...
Keep reading with a free account
The rest of this article, and every signal for Amazon, is in your free account.
