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Why Amazon’s Holiday Hiring Frenzy Could Squeeze Retail Margins

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

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…

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