Amazon shares news: Tech giant to add 2,500 UK jobs before year-end

Amazon shares ended a little lower Wednesday as the tech giant announced it would create 2,500 new permanent UK roles before the end of the year.

Amazon shares news: Tech giant to add 2,500 UK jobs before year-end

Amazon announced Wednesday that it will add 2,500 new staff to its UK operations as it seeks to capitalise on its key consumer market, regardless of any Brexit-related fears. The roles will range from engineers, to software developers and entry-level positions and be filled before the end of 2018.

Amazon shares closed marginally lower by 0.04% at $1,695.75 in the US Wednesday. However, the stock is a little higher in out-of-hours trading.

 Amazon UK jobs plan

The tech giant’s announcement will increase its UK workforce from 25,000 to 27,500 by the end of this year. And while it is a smaller increase than the 5,000 new jobs the company added in 2017, it still represents an important vote of confidence of the UK ahead of Brexit.

“The UK is a fantastic place to do business so we are delighted to continue our investment in the British economy and provide quality, permanent roles for people the length and breadth of the country” said Amazon’s UK country manager, Doug Gurr.

“Whether you are looking for an entry-level role or in highly-specialised fields such as speech science or machine learning, we are proud to be expanding our UK workforce so we can further improve our products and services like AmazonFresh, Prime Video and Amazon Alexa,” Gurr added.

UK-Wide jobs growth

The new UK Amazon roles will be spread across the UK and located in London, Cambridge, Coventry, Bolton and Edinburgh.

Tech-related research and development roles will certainly feature. But, other jobs are also up for grabs including in photography, customer service and in Jeff Bezos’ firms’ fulfilment centres.

“Supporting businesses to create the high-quality jobs of the future is a key part of our plan to create an economy that works for everyone,” said UK Chancellor, Philip Hammond.

“Innovative companies, such as Amazon, will be at the forefront of our new economy. And I welcome the news that they are creating 2,500 permanent, new jobs across the country. It’s a clear vote of confidence in our workforce and our economy,” Hammond added.

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