Market Movers has summarized the latest reactions to Amazon from investors and analysts. The pros, including Jim Cramer, discussed the e-commerce giant after it announced plans Tuesday to hire 250,000 employees ahead of the holiday shopping season. Amazon typically hires temporary workers during the busiest shopping season of the year to keep up with increasing demand. Last year the company hired 150,000 holiday workers. Additionally, Amazon’s hardware chief Dave Limp announced last month that he is stepping down at the end of this year. Amazon closed Tuesday down 1.7% and is currently held in the Cramer’s Charitable Trust portfolio.
https://www.cnbc.com/2023/09/19/amazon-hiring-250000-employees-for-holiday-rush-what-the-pros-say-to-do.html Amazon is hiring 250,000 employees to deal with holiday stress. What professionals say