BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
Amazon revealed its plans to open 55,000 new tech jobs and start the hiring spree in the coming months. The company will also accept applicants for corporate roles and this was announced by its chief executive officer, Andy Jassy.
According to Reuters, the Amazon CEO said during his very first press interview that since he took over the role from Jeff Bezos in July, he saw the need to have more workers so they can keep up with the growing demand in the company’s various units including retail, advertising, cloud, and other businesses.
Moreover, he added that since Amazon is also planning to launch its own satellites into orbit for wider and better broadband access, they will definitely be needing new staff for this Project Kuiper bet. Jassy said that the hiring will begin on Sept. 15, the usual date for the company’s annual job fair.
“There are so many jobs during the pandemic that have been displaced or have been altered, and there are so many people who are thinking about different and new jobs,” Reuters quoted Jassy as saying. “It’s part of what we think makes ‘Career Day’ so timely and so useful and the new hires would represent a 20% increase in Amazon’s tech and corporate staff, who currently number around 275,000 globally.”
At any rate, the e-commerce giant has been previously criticized for its labor practices especially in its warehouses, and the new CEO is hoping to bring changes in Amazon’s workplace culture. “Everybody at the company has the freedom - and really, the expectation - to critically look at how it can be better and then invent ways to make it better,” he said.
People who are looking for jobs right now can take advantage of the upcoming job recruitment of Amazon. It is looking for applicants who can fill up roles in the company’s marketing, engineering, robotics, and research science divisions.
Finally, Amazon will be hiring 40,000 workers in the U.S. while the remaining 15,000 will be from other countries. The Telegraph reported that the United Kingdom is also included in the locations where the company needs to hire new employees for tech roles.
