Since 2010, Amazon has directly created more than 600,000 jobs in the U.S., and invested more than $350 billion across more than 40 states, including infrastructure and compensation. We estimate that Amazon ’s direct investments have contributed an additional $315 billion to the U.S. economy over the last decade and supported more than 780,000 jobs on top of the company’s direct hires in industries like construction, logistics or professional services.
All of these programs are part of Upskilling 2025, a $700 million commitment by Amazon to support all employees looking to move into higher-skill, better-paying roles. Attorneys general from New York and California are partnering with the Federal Trade Commission to investigate Amazon .com Inc. ’s online marketplace, according to people familiar with the matter, ratcheting up scrutiny of the world’s largest e-commerce company.
Bloomberg reported on the FTC investigation last year, and California’s probe was revealed in a court filing last week. New York Attorney General Letitia James is also investigating the termination of Chris Smalls, who led a demonstration at an Amazon warehouse in Staten Island.
Along with the chief executives of Alphabet Inc., Facebook Inc. and Apple Inc., Amazon ’s Jeff Bezos testified last week before a House committee probing antitrust allegations. Almost 40 cents of every dollar spent online in the U.S. goes to Amazon, which has more of the online retail market than its nine closest competitors including Walmart Inc. and eBay Inc. combined, according to Marketer Inc. Amazon, which denies abusing its market position, has said it represents a small fraction of total U.S. retail sales.
New York is becoming more of a global technology hub, as industry giants tap into the workforce of a region long known as a banking and media stronghold. Signed a lease for 335,000 square feet in the Hudson Yards area comes as Facebook Inc. is gobbling up more space nearby.
About 10 months after Amazon abandoned plans for a second headquarters in New York, the technology industry is creeping up on financial services as the top employer in the Big Apple. Facebook and Google, which aims to double its presence in New York over the next decade, are now among the top office tenants in Manhattan, joining the likes of JPMorgan Chase & Co. and Citigroup Inc.
“We know they’re not done yet,” Marc Holiday, Chief Executive Officer of SL Green Realty Corp., Amazon ’s new landlord at 410 10th Ave. , said during an investor presentation on Monday. Even before recent leases by Amazon and Facebook, tech, advertising, and media tenants, known as TAMI, had grown to represent about 24% of Manhattan’s office space, compared with 31% for financial services, according to Cushman & Wakefield.
The deal is a key signal that the company is committed to growth in New York, even without the tax incentives that were proposed to draw a second Amazon headquarters to Long Island City. And while skeptics have argued it can’t challenge San Francisco, a talented pool of workers and boom in venture capital are pushing tech firms to expand in Manhattan.
Earlier this year, the real estate brokerage Saville Plc ranked New York first among 30 global tech cities, driven by the growing volume of venture capital cash and talent pool. In addition, LA GCC will partner with at least one New York City high school to offer concurrent enrollment in the 15-credit certificate program.
The Educate program is today being used by more than 1,500 institutions to train students in cloud computing by offering them hands-on experience in AWS technology. The company also adds that local demand for cloud computing talent will increase 17 percent by 2024, citing New York Department of Labor forecasts.
Sarah Too/CNET Just ahead of Amazon's important Black Friday and Cyber Monday sales, the company now faces a new, larger threat from its many critics in the labor and immigration movements. Just about all these groups have been well-known Amazon critics, with different organizations fighting against the e-commerce giant over its HQ2 development subsidies, work with US Immigration and Customs Enforcement, treatment of its warehouse workers or alleged monopolistic practices.
The groups making up Athena can already point to one successful campaign in their fight against Amazon's HQ2 campus in New York, which the company canceled amid heavy local criticism. However, these organizations have called for far more significant action to improve working conditions and restrain Amazon's dominance in both e-commerce and cloud computing.
Those efforts included a demonstration outside Amazon's Staten Island, New York, warehouse, and a forum for East African workers hosted by Wood in Minnesota. At the Wood event Monday night, workers at Amazon's warehouse in Shape, Minnesota, announced the next step in their ongoing campaign to improve working conditions there.
After already gaining national attention for several strikes, the group is now calling on Amazon to create a new workplace safety committee at their fulfillment center. He said he's known several workers who have suffered back, knee or leg injuries on the job due to the fast pace of the work, repetitive movements and requirements to lift heavy objects.
Mohamed Hassan, a fellow Shape worker, said he's suffers from a persistent shoulder injury from lifting heavy objects. The call for a new workplace safety committee is another sign of growing worker discontent at Amazon, with several groups of warehouse employees around the country now agitating for better working conditions.
They handed management a petition calling for longer breaks and better bus service, according to Twitter posts from Make the Road New York and City Councilman Jimmy Van Kramer, two critics of Amazon. The Amazon spokesperson said fewer than five of its employees participated in the Staten Island demonstration, adding that “an outside organization” was using the upcoming holiday shopping season and its building to raise its own profile.
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