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Industry Update

Amazon is spending hundreds of millions of dollars on bonuses for Christmas staff after sales at the online giant soared during the pandemic. Full-time warehouse workers in the UK and the US will receive £300 or $300, with £150 or $150 for part-time staff. The money, $500m in total, will go to staff working between 1-31 December. The firm, run by Jeff Bezos, the world's richest man, praised staff for "serving customers' essential needs" during the pandemic. In a blog post, Dave Clark, senior vice president of Amazon Worldwide Operations, wrote: "I'm grateful to our teams who continue to play a vital role serving their communities. “As we head into the peak of the holiday season, we want to share our appreciation through another special recognition bonus, totaling more than $500 million for our front-line employees."

Source: Amazon spends $500m on bonuses for Christmas staff - BBC News