Amazon to Pay $500 Million in One-Time Bonuses to Front-Line Workers

Amazon said on Monday it would spend $500 million on one-time bonuses to its front-line employees and partners working through the coronavirus crisis.

from NDTV Gadgets - Latest https://ift.tt/2ZpfuCe

Comments

Post a Comment

Popular posts from this blog

AWS to Invest $12.7 Billion in Cloud Infrastructure in India by 2030 in Bid to Meet Growing Demand

Amazon Web Services on Thursday announced plans to invest $12.7 billion (roughly Rs. 1,05,600 crore) in cloud infrastructure in India by 2030 as it looks to meet growing customer demand for cloud services in the country. The planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs in Indian businesses each year, Amazon Web Services (AWS) — Amazon's cloud computing unit — said in a statement. These positions, including construction, facility maintenance, engineering, telecommunications and other jobs, are part of the data centre supply chain in India. AWS said it plans to invest Rs. 1,05,600 crore in cloud infrastructure in India and added its long-term commitment in the country will reach Rs. 1,36,500 crore ($16.4 billion) by 2030. This follows AWS' investment of Rs. 30,900 crore ($3.7 billion) between 2016 and 2022 which will bring its total investment in India to Rs. 1,36,500 crore ($16.4 bil
Read more

Amazon Web Services Plans to Invest $35 Billion by 2040 to Expand Data Centres in Virginia

Amazon's cloud services division said Friday it plans to invest another $35 billion (roughly Rs. 2,83,400 crore) by 2040 to expand data centres in Virginia. Amazon Web Services (AWS) said the new investment will create 1,000 jobs. Virginia Republican Governor Glenn Youngkin said AWS will establish multiple data centre campuses across Virginia. In 2021, AWS said from 2011 to 2020 it had invested $35 billion (roughly Rs. 2,83,400 crore) in data centres located in northern Virginia and had 3,500 full time employees at its data centres in the state. Pending approval by state lawmakers, Virginia is developing a new "Mega Data Center Incentive Program," which would allow the company to receive up to a 15-year extension of Data Center Sales and Use tax exemptions on equipment and software. AWS also will be eligible to receive a state grant of up to $140 million (roughly Rs. 1133 crore) "for site and infrastructure improvements, workforce development, and other project-
Read more