This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Amazon to Hire 70,000 Seasonal Workers

Stocks in this article: AMZN WMT EBAY

NEW YORK ( TheStreet) -- Amazon (AMZN) is hiring an extra 70,000 workers in its U.S. fulfillment centers to help handle what it hopes will be the upcoming holiday shopping crush. The online retailer announced it is creating 40% more full-time seasonal jobs this year than it did one year ago.

Amazon stock is advancing 1.43% to $317.10 at 11:11 am in New York.

Amazon is facing increased online shopping competition from Walmart (WMT) and eBay (EBAY) is currently expanding the number of its regional warehouse across the country. The plan is to speed deliveries for all items and to possibly roll-out a rumored nationwide grocery delivery service.

Amazon says last year it was able to convert more than seven thousand seasonal workers into regular full-time roles after the holidays and "expects to do the same" this year as well.

On average, seasonal workers earn 94 percent of full-time fulfillment center employees starting salaries and are eligible for health care benefits. Full-timers can also take part in 401(k), stock and continuing education programs.

This morning Walmart announced it is expanding its fulfillment center network for online orders. The company is building two new warehouses. The 800,000 square foot Fort Worth, Texas operation opened last month and employs 275. The Bethlehem, Pa. center will be "more than one million square feet" and employ more than 350 full-time "associates" when it opens in the first quarter of 2014.

Walmart currently operates more than 4,000 retail stores located within five miles of two-thirds of the U.S. population as well as 130 distribution centers.

--Written by Gary Krakow in New York.

>>To submit a news tip, send an email to

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs