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7/22/2019

Topic Reading-Vol.2658-7/22/2019


Dear MEL Topic Readers,
Amazon plans to retrain 100,000 employees
Amazon is facing a dilemma that is being created by itself. Its business has been and will be expanding from online retailing to subscription services and cloud computing while upgrading warehousing and shipping efficiencies through innovation and automation. Even for a tech giant like Amazon, it’s hard to keep up with mounting demand for skilled workers. So, instead of just looking for qualified candidates outside of the company, they decided to invest more in upgrading their own workers. Why not? There are over half a million workers in the US alone and they need to be qualified for their jobs to deal with ongoing changes by robotics, machine learning, and cloud computing. The company has recently pledged to invest $700 million to help as many as 100,000 employees to upgrade their skills to qualify for more advanced or new jobs in the next six years on top of their existing employee training programs. Also, they offer a paid apprenticeship program for classroom and on-the-job training.
Clearly, Amazon seems to know that when the company tries to create and innovate businesses, it also needs to transform their workforce.
Enjoy reading the article and think as to how you are going to adapt yourself to new environments and requirements.


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