Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Why Amazon’s Holiday Hiring Frenzy Could Squeeze Retail Margins

LESS THAN ONE WEEK AWAY! Join Sourcing Journal & industry leaders at our SOURCING SUMMIT NY on October 19 to discuss the most pressing issues of the day. Your business cannot afford to miss this!

Amazon is prepping more than 125,000 new employees for the 2021 holiday season in anticipation of record-breaking e-commerce demand, but a leading investment banks sees significant pressure on profits. Morgan Stanley downgraded its stock price target for the e-commerce giant from an initial $4,300 to $4,100 as Amazon raised its average U.S. starting wage to…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands