Amazon said Monday that it is adding 150,000 seasonal jobs to bolster the ranks of its operations network during the busy holiday season.
The annual boost in holiday help comes as the tech giant has already been looking to fill tens of thousands of hourly positions across the fulfillment side of its business, including 125,000 announced in September. Additionally, Amazon said last month that it was looking to hire for 40,000 corporate and tech jobs across more than 220 locations in the U.S.
Amazon now employs more than 1.3 million people in full- and part-time jobs worldwide. The company has hired over 450,000 people in the U.S. since the beginning of the COVID-19 pandemic. Last year's seasonal hiring of 100,000 was down from 2019's 200,000, but Amazon had already brought on 175,000 seasonal workers in March and April of 2020 to meet online shopping demand as the first stage of the pandemic confined many people to their homes.
The push for operations workers in stowing, picking, packing, shipping and more comes as disruptions to global supply chains have struck fear into shoppers worried about whether holiday presents will arrive on time. Amazon has already announced "Black Friday" style deals across its website.
Average starting pay for the new roles is $18 per hour, with sign-on bonuses of up to $3,000 and an additional $3 per hour depending on shifts in many locations. Amazon announced in April that it planned to invest more than $1 billion in wage increases for its operations workers, promising raises of between 50 cents and $3 an hour to more than 500,000 employees.
The company listed 20 states with the greatest number of seasonal openings, including: Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Maryland, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Texas, and Virginia.
The company opened more than 250 new fulfillment centers, sortation centers, regional air hubs, and delivery stations in the U.S. in 2021.
This story originally appeared on GeekWire.
- Amazon Employs More People in California than Anywhere Else ... ›
- Amazon Is Hiring More Than 800 Workers in LA - dot.LA ›
Cornerstone OnDemand, the Santa Monica–based learning and talent management software company, is shaking things up. Shareholders approved on Tuesday a $5.2 billion deal to take the company private.
In an all-cash transaction, Clearlake Capital Group (also based in Santa Monica) takes ownership of the company through a combination of equity and debt, buying the outstanding shares at $57.50 per share.
Adam Miller, founder & co-chairman at Cornerstone, says the move is designed to give the company more flexibility to pursue avenues of growth that might be unpalatable to shareholders that expect growth on a quarterly basis.
"We saw both organic and inorganic opportunities to grow in ways that would be difficult to do as a public company," he said. "It's difficult to do both of those things at the same time as a public company. But as a private company you can do those things in sequence and get the benefit of a longer-term strategy."
Cornerstone, which was founded in 1999, had been publicly traded for over a decade. Their products are used by many universities and corporations such as Dell, Hyatt, Walgreens and Cannon. The company had been thriving during COVID, posting earnings above expectations in Q2 2021, and exceeding their growth from the same time period last year by 16%, which likely contributed to the 31% premium that Clearlake paid for the stock buyout.
Cornerstone, which employs roughly 2,700 people, is no stranger to acquisitions. In February 2020, the company acquired their largest competitor, Saba Software for $1.295 billion. The move left Cornerstone fairly leveraged, Miller says, so the transition to go private appears to come as a means to help the company to continue expanding aggressively. In the COVID world, where so much of education has transitioned into online formats, the company is hoping increased flexibility will allow it to fully take advantage of the expanding market.
Cornerstone currently boasts 75 million users spread across 6,000 different customers. For those users, Miller says, the experience should change very little. "The end user experience will only improve as we have more resources we can deploy for our engineering team, and as we have the ability to think—again—longer term," he said.
With shareholder approval sealed, Cornerstone's deal to go private should close on Friday.
- What it's Like Taking Over Cornerstone at a 'Bizarro Time' - a Q&A ... ›
- Cornerstone OnDemand's CEO Adam Miller Steps Down - dot.LA ›
We live in a golden age for Los Angeles tech companies and startups.
Transformative organizations are emerging and blossoming here. And there's a world-class talent pool in their backyard. From ecommerce to biotech to social media to aerospace and beyond, the future is being built in L.A.
Since our launch in January 2020, our goal at dot.LA has been to empower the L.A. startup ecosystem - by shining a light on great companies through our journalism, convening luminaries at our events (register for the upcoming dot.LA Summit here!) and hosting discussions via our pandemic-born online community wfh.LA.
An ecosystem as unique as ours deserves a dedicated, boutique platform to connect top talent with top startups. Matchmaking people to great companies isn't easy on overly broad platforms like Linkedin that's more akin to a traffic clogged freeway, where the sheer volume makes it tough for top candidates to stand out amid congestion. Our site is tailored to L.A. and its unique ecosystem that boasts some of the top, most diverse technical talent in the country.
We're here to change that; dot.LA is proud to introduce a solution to this gridlock: Interchange.LA.
With the re-launch of Interchange.LA, we are taking over stewardship of a project that has been a long time coming. The original incarnation of Interchange.LA was borne of a desire from stalwarts of the L.A. tech scene - Crosscut Ventures, AnnenbergTech, the Mayor's Office - to help fuel the community's growth. We are beyond thankful for the hard work put in by these organizations and others to help get this platform where it is today, and are excited to take it to the next level.
So what makes Interchange.LA unique?
LA DNA. In the year and a half since launch, dot.LA has established itself as the premier source for news and community for the Los Angeles tech ecosystem. Our journalists tell important stories that move the needle. Our events bring together the community and foster connection. We have boots on the ground in a way that no other recruiting platform does, and we'll use that to hone the product to be as useful as possible.
Equity focus. We also believe that Los Angeles has the potential to become the most inclusive and equitable startup hub in the country and in the world. Because L.A. is blossoming as an innovation hub later than first-generation locales like the Bay Area, we have the opportunity to learn from the mistakes of those places. Rather than a tech and startup community that exists insulated from the rest of the city, we want to promote the growth throughout the city in a way that benefits everyone.
Universal access. Our goal is to lower barriers to entry for tech on all sides, and creating an accessible platform for all is crucial to that mission. Our platform is free to candidates and will always offer a free option for companies.
Bespoke recruiting. For those high-growth companies that need top talent to keep fueling the rocketship, we are thrilled to be able to offer a white-glove option through which our team can build and execute tailored recruiting. If you're responsible for recruiting at a hot startup in L.A., please do yourself a favor and reach out to Interchange.LA's General Manager Sharmineh Lewis at sharmineh@dot.LA.
Interchange.LA is the premier avenue for connecting top talent with top startups in LA. It is an on-ramp for non-traditional candidates to join the vibrant L.A. startup community. It is an engine to help LA become the most diverse, equitable, and inclusive hub for innovation in the world.
It's the best time in the world to found or join a world-changing organization. At dot.LA we want to help you do it all.