Amazon's Big Hire
The following video is from Monday's Investor Beat, in which host Chris Hill and analysts Andy Cross and Bill Barker dissect the hardest-hitting investing stories of the day.
One day before President Obama arrives at one of its facilities, Amazon.com announced it is hiring an additional 5,000-7,000 people to work in the retailer's warehouses and customer service centers. The move will increase Amazon's warehouse staffing by at least 25%. In our lead story on Investor Beat, Bill and Andy examine what the news means for Amazon, the leadership of CEO Jeff Bezos, and why shares of Amazon still have room to run.
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The article Amazon's Big Hire originally appeared on Fool.com.Andy Cross and Bill Barker have no position in any stocks mentioned. Chris Hill owns shares of Amazon.com. The Motley Fool recommends Amazon.com and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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