WASHINGTON: Amazon announced on Monday it was offering employees US$10,000 to quit their jobs and become independent package delivery entrepreneurs as the online giant ramps up efforts to control its own logistics.
The move comes with Amazon seeking to reduce its dependence on services such as the US Postal Service and Fedex. Amazon first launched the"delivery service partner" program in 2018, requiring employees to invest in their own start and estimating revenues for up to US$300,000.Since last year, some 200 people have begun Amazon delivery startups, and the company said it expects"hundreds" more with the added incentives, available in the United States, Britain and Spain.
"We've heard from associates that they want to participate in the programme but struggled with the transition. Now we have a path for those associates with an appetite for opportunities to own their own businesses."Amazon said it would offer access to the company's delivery technology, training, and discounts on assets and services, including Amazon-branded vans and uniforms and insurance.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon hit by extensive fraud with hackers siphoning merchant fundsLONDON (BLOOMBERG) - Amazon.com was hit by an 'extensive' fraud, revealing that unidentified hackers were able to siphon funds from merchant accounts over six months last year.. Read more at straitstimes.com. amazon is a complete fraud. Siphoning money from countries and hiding it on offshore taxhavens. peasant salaries outside of the usa. trump just pats them on the back and says “ carry on asset stripping “
Source: The Straits Times - 🏆 8. / 63 Read more »
Amazon accused of using Echo Dot Kids to illegally collect data on childrenWASHINGTON (WASHINGTON POST) - A coalition of 19 consumer and privacy groups plans to file a complaint on Thursday (May 9) alleging that Amazon's Echo Dot Kids Edition is illegally collecting voice recordings and other identifying information on users aged under 13 and that the system's parental controls are flawed.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Polish Amazon workers demand their salaries be doubledAmazon workers in Poland are demanding that their salaries be roughly doubled, the latest in a spate of labour disputes to hit the world's largest ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Amazon in talks with workers in Poland as another strike loomsAmazon said on Friday it was in talks with employees in Poland after unions threatened strike action, seeking higher pay in distribution centers.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Exclusive: Amazon rolls out machines that pack orders and replace jobsAmazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. when the population is increasing but jobs arr scarcer... ppl cannot afford the things... then what? creating a factory...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Brazil indigenous chief Raoni goes to Europe in defence of AmazonRIO DE JANEIRO: Brazil's legendary indigenous chief Raoni headed to Paris on Sunday (May 12) for the start of a three-week tour across Europe ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Local food startup bags US$10m in Series B fundingSINGAPORE-BASED food-tech startup Grain has raised US$10 million in a Series B funding round led by Thailand's Singha Ventures, as it looks to expand to other Asian cities, starting with Bangkok. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore food tech startup Grain bags US$10m in Series B funding led by Singha VenturesSINGAPORE-BASED food tech startup, Grain, has raised US$10 million in a seed round led by Thailand's Singha Ventures, as it looks to expand to other Asian cities, starting with Bangkok. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tesla closes US$2.7 billion mixed offering of shares, debtTesla Inc said on Wednesday it closed its US$2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Students at China’s leading universities offered more than US$14,000 to sell eggs illegallyWomen studying at some of China's top universities are selling their eggs for up to 100,000 yuan (US$14,600) each, according to a newspaper investigation. Despite Chinese law forbidding the trading of human eggs, the demand from those couples who cannot have their own child remains high, Beijing
Source: YahooSG - 🏆 3. / 71 Read more »
Students at China’s leading universities offered more than to US$14,000 to sell eggs illegally
Source: TODAYonline - 🏆 1. / 99 Read more »