Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Proxy Advisors Urge Vote Against ANZ’s Executive Pay Report Amid Scandal Fallout 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Amazon has plans to expand in Austin, Texas, and since it will be a major project, the e-commerce giant will be creating more than 2,000 jobs for the locals. The company stated that it would mostly be needing people for corporate and tech jobs in the next few years.
As per Austin American-Statesman, the new recruits will be assigned roles that will support teams working in the technology, web service, retail, and business units. Some of the positions mentioned are financial analysts, senior technical program managers, senior data engineers, and user experience designers.
Currently, it was reported that Amazon already has more than 3,000 workers in its tech hub in Austin. This number is the total employees from its three offices in Domain, the high-tech corridor of northwest Austin.
Now, for its plan to expand in the region, the company reportedly rented out 330,000 square feet of space at a new building that is being developed by Cousins Properties. This property is also located at Domain, and it is expected to open in early 2024. This new office will be Amazon’s fourth location in the area and may help boost other businesses nearby, including restaurants, local retail, entertainment, and so on.
“Our continued investment in Austin is a testament to the amazing talent and amenities that this city has to offer,” Amazon Austin Tech Hub site lead, Doug Gray, said in a press release. “With more than 3,000 jobs already created and more than 1,000 corporate and technology roles currently available, we’re looking forward to continue offering exciting career opportunities to local residents.”
The news of new job recruitment at Amazon comes as the unemployment rating in Austin plummeted to a pandemic-era low level in November for five successive months. It was reported that the record 3.2% unemployment rate last month happened as local businesses continue to have difficulties in hiring workers as the local economy starts to pick up again.
Meanwhile, to attract applicants for its job openings, Amazon set up a program called the “Amazon Returnship.” The goal is to help professionals return to work after losing or leaving their jobs, including those who were displaced due to the COVID-19 pandemic.
