#1-ranked tech analyst Patrick Moorhead weighs in on Amazon's latest hiring and job creation spree even in the wake of Covid-19.
Amazon will invest over $1.4 billion in Tech Hubs and corporate office expansions to support the new employees. The Tech Hub and corporate office expansions are extensive and include the following: - Amazon will add additional space within the existing Dallas Tech Hub. The company currently has a Galleria location in North Dallas that will undergo expansion. The development will include adding 100,000 square feet of office space while adding 600 new tech and corporate roles.
As you can see from the data above, Amazon is investing heavily in new hires and plenty of real estates to house them.Amazon is adding employees at a staggering rate. By adding employees, the company can produce more products and services, therefore growing the business and economic impact. Since 2010, Amazon has created a massive number of jobs, 602,000, to be exact. That includes positions added within the U.S. alone.
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