News · Yahoo Finance

Amazon Creates Over 300,000 New U.S. Jobs This Holiday Season with Increased Pay and Expanded Benefits

Amazon is hiring more than 300,000 people for seasonal, part-time and full-time roles across its U.S. core operations network this holiday season. Starting January 1, 2027, eligible seasonal employees working at least 30 hours a week will get healthcare coverage from their first day, with plans starting at $5 a week and $5 copays. Seasonal workers earn an average of $20 an hour, while full-time core operations employees start at a minimum of $20 an hour, with average pay nearly $24 and total compensation including benefits exceeding $32 an hour. Amazon also cites more than $1.5 billion in higher pay for its U.S. core operations workforce, plus uncapped discounts of 10% on eligible groceries and essentials at Amazon.com and Whole Foods online, and 20% at Whole Foods stores.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

AMZNemploymentretail

Open a keyword to see other news on the same topic.

Related tickers and likely impact

AMZN

▲ Likely positive

Amazon

Relevance: low

MarketUS stocks
SectorConsumer Discretionary
IndustryBroadline Retail
Market cap$2.7T
Close on 10/19/2026262.45
Change that session+4.98%
AMZN price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Amazon to hire 300,000 workers for seasonal jobs this year

    Amazon says it plans to hire 300,000 seasonal, part-time and full-time workers across the U.S. for this holiday season, up 20% from last year. The National Retail Federation forecasts holiday retail sales could top $1 trillion for the first time. Amazon raised its minimum starting wage for full-time workers to $20 an hour in September; seasonal workers average $20 per hour and full-time staff about $24 per hour. Starting in 2027, seasonal employees working at least 30 hours a week will get the same healthcare benefits as full-time workers. For example, the Locker+ Retail Associate role in Jackson, Wyoming pays $21.50–$22 per hour plus up to a $3,000 signing bonus.

    Yahoo Finance·▲ AMZNAMZNemploymentretail
  • Amazon Boosts Holiday Hiring Plans As Its Stock Adds To A ReboundYahoo Finance·▲ AMZNAMZNemploymentretail
  • Amazon to hire over 300,000 holiday workers, up 20% from last year

    Amazon plans to hire more than 300,000 workers across its U.S. core operations network for the holiday season, a 20% increase over last year, while overall retail hiring is expected to soften to its lowest level since 2008. Seasonal starting wages average $20 per hour, and full-time core operations staff average nearly $24 per hour. From January 1, 2027, Amazon will extend healthcare benefits to seasonal employees working at least 30 hours per week, with plans starting at $5 per week. The company has committed more than $1.5 billion to wage increases, bringing average full-time compensation including benefits to over $32 per hour. The article frames these moves as a way to shield the supply chain from labor bottlenecks during peak demand.

    Yahoo Finance·▲ AMZNAMZNemploymentretail
  • Walmart enlists Sam’s Club in latest challenge to Amazon PrimeYahoo Finance·▼ AMZNAMZNWalmartretail
  • Amazon (AMZN): How Much More Can It Earn From Sellers Before Their Economics Suffer?

    Amazon.com, Inc. grew second-quarter 2026 advertising revenue 26% year over year to $19.8 billion, ahead of 20% total sales growth, while seller-services revenue rose 16% to $46.8 billion. The article asks whether merchants are buying better services or sacrificing profitability to stay visible. Amazon trades at 24x forward P/E and 20x trailing, and quarterly results included $53.4 billion of pretax nonoperating other income, mainly from AI investments, which boosted historical earnings. North American operating income rose to $9.1 billion from $7.5 billion, lifting calculated operating margin to 7.9% from 7.5%, and seller units grew roughly 15%. Tinuiti's second-quarter advertiser benchmark showed Sponsored Products spending up 38%, clicks up 37% and attributed sales up 44%, which the article reads as improved ad efficiency among sampled advertisers.

    Yahoo Finance·• AMZNAMZNadvertisingretail
  • GURU Organic Energy Sets New Amazon Records During October Prime Big Deal Days

    GURU Organic Energy reported record sales on Amazon in both Canada and the United States during Amazon's Prime Big Deal Days event on October 6 and 7, 2026. In Canada, units sold in just two days rose 51% above the full four-day event last year, and October 6 was the company's best day ever on Amazon.ca. In the United States, units grew 25% over last year's two-day event, the third straight record, with October 6 ranking as the second-best sales day ever on Amazon.com. According to Stackline estimates, GURU was the #2 energy drink brand by sales on Amazon.ca that week, and its Zero Variety Pack was the top-selling energy drink product of any brand there. Zero Sugar products drove the results, making up nearly half of units sold in Canada and about four in ten in the U.S., and the company now looks to Black Friday and Cyber Monday.

    Yahoo Finance·AMZNretailconsumer goods

Related markets

US stocks →

Latest news

  • Why Vicor Shares Are Soaring Today

    Vicor shares climbed about 7.4% as of 2:58 p.m. ET after the modular power components maker reported stronger-than-expected third-quarter 2026 results before the market opened. Revenue rose 78.5% year over year to $197.1 million, above analysts' $187 million forecast, and net income reached $63.3 million, or $1.33 per diluted share, versus $0.63 a year earlier and an expected $1.24. Backlog climbed 166% to $406 million as of the end of September 2026, which the article links to the company licensing its power technologies to hyperscalers and its data center exposure. The stock is up about 87% so far this year, and the article notes it trades at 75.8 times operating cash flow, well above its five-year average of 36.6.

    Yahoo Finance·Vicorearningsartificial intelligence
  • The Banks Locked Agents Out. This Week an Agent Paid an Invoice Through the Front Door.

    Between October 13 and 16, JPMorgan Chase, Bank of America, Citi, Schwab and Wells Fargo restricted AI agents from consumer accounts through four hard blocks and one contract rewrite. JPMorgan CEO Jamie Dimon called the move a “liability transfer,” citing unverified agents, shared customer credentials and unassigned liability. In contrast, a live Visa, BILL and Billtrust B2B pilot uses the Visa Trusted Agent Protocol so a BILL Payment Agent, registered in Visa's Agentic Directory, can authenticate to supplier portals without shared credentials. The agent only executes payments already approved by the buyer, using tokenized credentials. The model targets supplier invoices by accepting card payments, which could help suppliers get paid faster and improve Days Sales Outstanding.

    Yahoo Finance·artificial intelligencebankspayments
  • 3 Artificial Intelligence (AI) Stocks That Look Like Great Buys Right Now

    The article argues that tech stocks have slid on concerns over the Iran war and possible rate hikes, and highlights three AI-related names as potential buys on the dip. ASML, down 18% from its 52-week high, is expected to generate around 45 billion euros in revenue this year, up about 38%, and trades at a forward P/E of 29. Taiwan Semiconductor Manufacturing, with about a 70% foundry market share, reported 51% revenue growth and 69% earnings growth, is down 12% from its high, and trades at a forward P/E of 21. Broadcom, down 32% from its 52-week high, reported 86% growth in the period ended Aug. 2 and 221% growth in AI semiconductor revenue, with a forward P/E of 19 but more than 40 times trailing earnings.

    Yahoo Finance·artificial intelligencesemiconductorsvaluation
  • We're booking big profits in an AI stock and trimming a credit-exposed bank

    Jim Cramer's Charitable Trust sold 40 shares of Broadcom at roughly $335 each, reducing its stake to 120 shares and cutting AVGO's portfolio weighting to 1% from 1.36%, and realized a 312% gain on shares bought in August 2023. It also sold 75 shares of Capital One Financial at roughly $201, leaving 600 shares and lowering COF's weighting to 3.1% from about 3.45%. The trades are framed as trimming AI exposure after a modest rebound and protecting against downside as AI stocks face rising cost of capital. Capital One was also downgraded to a hold-equivalent 2 rating ahead of earnings, reflecting disappointment with front-loaded investments tied to its Discover and Brex acquisitions. The trust has been adding Bank of New York, which the article says lacks Capital One's credit exposure and sensitivity to high oil prices and inflation.

    CNBC·Jim Cramerartificial intelligencebanks
  • CrowdStrike vs. Docusign: Which Technology Stock Is a Better Buy in 2026?

    This article compares CrowdStrike (CRWD), a endpoint security leader with its Falcon platform, and Docusign (DOCU), the e-signature leader shifting toward its Intelligent Agreement Management platform. CrowdStrike reported fiscal 2026 revenue of nearly $4.8 billion, up 21.7%, but a net loss of about $162.5 million; free cash flow was nearly $1.3 billion, and stock-based compensation equaled roughly 68% of operating cash flow. Docusign posted revenue of about $3.2 billion, up 8.2%, net income of about $309.1 million (a 9.6% net margin) and free cash flow close to $1.1 billion, with stock-based compensation at roughly 53.4% of operating cash flow. Docusign trades at a significant discount to CrowdStrike on both earnings and sales, reflecting its slower growth. Each company faces distinct risks, from competition and dependence on core products or cloud infrastructure to data privacy regulation.

    Yahoo Finance·CrowdStrikeDocusignvaluation
  • Trump Dumped Micron, Up 338% in a Year. The Memory Cycle Decides Who’s Right

    Trump's accounts, managed by third-party firms, sold Micron stock in August worth a net $251,000–$515,000, sold AMD for $1–5 million, and net bought Meta Platforms for $5.1–25.3 million, according to a filing with the Office of Government Ethics that lists 517 trades. The author argues that selling Micron is a bet the memory shortage is nearing its peak, since Micron's gross margin rose from 2.7% in fiscal 2023 to 80.7% in fiscal 2026. However, consensus estimates put normalized EPS at $176.55 for fiscal 2027, and the stock traded at 5x forward earnings as of Oct. 16. The article concludes the numbers currently favor holding, with Micron's next quarterly report as the key test.

    Yahoo Finance·MicronDonald Trumpsemiconductors

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.