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Amazon’s rapid expansion in its hometown comes amid unprecedented of growth for the company worldwide. Amazon?last month reported that it has surpassed 341,000 employees globally, an increase of 110,000 in just the past year, not including temporary or seasonal staff. The company?employs 40,000 people in Washington state, including about 25,000 people at its Seattle headquarters.
Amazon’s most-popular grocery item this holiday season was the Miracle-Gro AeroGarden kit.
Among the affected industries, retail, catering, hotel and tourism sectors were some of the worst hit.
Amazon’s hiring surge comes amid increasing scrutiny of its operations. A report in September by Reveal, a publication of the Center for Investigative Reporting, cited internal company records showing that Amazon has underreported the injury rates at warehouses, particularly those with robotics. Amazon disputes details of the report.
Amazon’s acquisition of companies such as Whole Foods and PillPack have immediately lowered the market value of competing industry players. Even a news report hinting at Amazon’s interest can now impact stock prices of incumbents.
