Amazon offers employees $10,000 to quit, launch delivery business

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

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.

WASHINGTON - Amazon said on Monday it was offering employees $10,000 to quit their jobs and become independent package delivery entrepreneurs for the online retail colossus.

The move comes with Amazon seeking to reduce its dependence on services in the US Postal Service and Fedex. Amazon first launched the "delivery service partner" programme in 2018, requiring employees to invest in their own start and estimating revenues for up to $300,000. "We received overwhelming interest from tens of thousands of individuals who applied to be part of the delivery service partner programme, including many employees," said Dave Clark, senior vice president of worldwide operations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 30. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BUSINESS MAVERICK: MTN associate, Jumia Technologies, called a ‘fraud’One should never take reports written by short sellers (who have taken a bet that a stock price will go down), entirely at face value. However, a report on Jumia Technologies, dubbed Africa’s Amazon, does raise questions and concerns.
Source: dailymaverick - 🏆 3. / 84 Read more »

Many big businesses treat SMEs as a line of credit, Small Business Institute saysSmall and medium enterprises are urged to claim interest and debt recovery costs for late payments Don’t understand why invoices are being paid more than 30 days later...especially when the institution requested urgent delivery and we complied within days. Totally unacceptable, small business is not sustainable when payment is not forthcoming...
Source: BDliveSA - 🏆 12. / 63 Read more »

Elections boost business confidence | IOL Business ReportThe incoming administration is set to inherit improved business confidence after sentiment rose in April for the first time since January in anticipation of a more stable post-election policy environment. busrep busrep You are as gullible as the 30percenters
Source: IOL - 🏆 46. / 51 Read more »