Industrial Training / Smart Manufacturing / Smart Technology / Digitalization

Amazon to spend $700 million to retrain a third of their U.S. workforce by 2025

By Terri Cullen, for CNBC

Jul 11, 2019

Amazon.com on Thursday unveiled plans to retrain a third of its U.S. workforce — or 100,000 workers — by 2025 to help its employees move into more advanced jobs or find new careers.

The retail and tech giant intends to expand its existing training programs and introduce new ones. The training will be voluntary, and most of the programs are free.

Programs will help workers “access training to move into highly skilled technical and non- technical roles across the company’s corporate offices, tech hubs, fulfillment centers, retail stores, and transportation network, or pursue career paths outside of Amazon,” the company said in a statement.

Amazon and other companies have struggled to find technically qualified U.S. employees. The planned program is among the biggest corporate retraining initiatives ever announced, at a cost of roughly $7,000 per worker, or $700 million.

Read the full story, "Amazon plans to spend $700 million to retrain a third of its US workforce in new skills," on www.cnbc.com.

 

 

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