Connect with us

Business

Amazon set to pay for staff’s College fees – but who’s really eligible?

Published

on

The 'Hermit Kingdom' has been banned from the 2022 Winter Olympics because it skipped the Tokyo games this year

Amazon is gearing up to spend $1.2 billion for its employees to attend College

The world’s biggest eCommerce platform announced it’ll pay the full cost of college tuition for eligible staff.

Amazon estimated that the new benefit along with new training initiatives the company is set to offer, would require a total investment of $1.2 billion by 2025.  

Amazon’s recent announcement comes after other major companies such as Target and Walmart extending similar offers to their U. S. workforce. Those companies continue to come up with new initiatives, commission strategies and company benefits as a method to lure and retain workers during the tight labor market.

The offer from the eCommerce giant will commence in January 2022 and will include the cost of college tuition, fees and textbooks for warehouse, transportation and other hourly employees who want to pursue bachelor’s degrees.

To be eligible an employee must have been employed by Amazon for 90 days

Amazon’s new benefit also includes covering the costs of education for high school based diploma programs, GEDs and English as a second language certifications.

Amazon confirmed that it will also add three new education programs as part of its training offerings as a way to provide staff with the opportunity to learn skills in data centre maintenance and technology, IT, and user experience and research design.

The company’s offering is expected to a popular attraction point for the retention of staff and also attracting new employees to the workforce.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

Business

Rolls Royce CEO slams aviation for failing on climate targets

Published

on

Aviation needs to act on net-zero targets, that’s according to the CEO of Rolls Royce

Warren East says the sector needs to move towards bio-fuels like hydrogen and electric aircraft.

Travellers can even look forward to flying on planes that has a gas turbine that’s burning hydrogen.

Speaking at a conference in London, East says transitional technology is the answer that plane-makers are searching for.

Some companies are already looking at sustainable fuels that can offer 80 per cent off carbon emissions across their lifetime.

Continue Reading

Business

Amazon halts hiring on all corporate roles

Published

on

E-commerce giant is the latest of many to close all corporate job openings due to economic concern

Amazon is pressing pause on corporate hiring for the rest of the year, as economic concerns continue to grow.

The tech giant has instructed all recruiters to close all current corporate job openings… worldwide.

This means more that ten thousand openings will be closed as of Monday evening.

The job postings that will affected include technology positions, in store and online retail businesses, and logistics operations.

However, Amazon spokesman, Brad Glasser, says the company will still continue to have a significant number of other roles open.

He says, “we have many different businesses at various stages of evolution, and we expect to keep adjusting our hiring strategies in each of these businesses at various junctures.”

The freeze sees Amazon joining Meta, Apple, and Google, who have also announced a reduction or temporary pause on hiring.

Continue Reading

Business

What is Elon Musk’s “everything app”?

Published

on

elon musk twitter

Elon Musk’s Twitter deal is back on, and he says it’s the key to creating his much-anticipated ‘everything app’.

The billionaire entrepreneur had been in talks to take the social media platform private, but the deal fell through. However, after news of its reinstatement, Mr Musk said that buying Twitter is an essential part of his plans for X.

The idea behind X is a sort of super app, combining messaging, social media, payments-and lack of reliance on ad revenue, similar to the Chinese WeChat. That already has more than one billion users, but so far no equivalent exists in the West.

With Twitter under his belt, Musk believes he can make X a reality much sooner than originally planned. “It’s brought forward our X project by three to five years, but I could be wrong,” he said.

There are no further details on the X project at this time, but with Musk’s track record of visionary innovation, it’s sure to be something we’re all talking about in the near future.

Why does Elon Musk want to buy Twitter?

Elon Musk is known for his ambitious plans and big ideas, so it’s no surprise that he sees Twitter as a key piece of the puzzle for his next project, X.

The details of the deal have not been made public, but it is thought that Musk is paying a premium for Twitter.

Continue Reading

Trending Now

Copyright © 2022 The Ticker Company PTY LTD