LONDON, June 24 (Reuters)
Amazon is a name that the vast majority of people throughout the world are familiar with. This American technology multinational company specializes in digital streaming, artificial intelligence, cloud computing, and e-commerce. Starting as an online bookstore, it currently serves as one of the largest digital marketplaces in the world. Service offering has recently expanded to also include AWS, or Amazon Web Services, which is specifically a leader in the cloud computing industry.
Taking the world of Amazon back to the people
Amazon is a force to be reckoned with in the retail industry. With that in mind, the company still expands at a dizzying rate. As of 2023, the company operated in 13 countries. Anybody based outside of a country of operation still has the option for worldwide delivery. This service further adds to the appeal of this company. Amazon also has a strong presence in the United Kingdom.
Amazon has deepened its commitment to Britain, with the e-commerce giant saying it plans to invest 40 billion pounds ($54 billion) over the next three years, a move the UK government hailed as a vote of confidence in its economic policies. Elected in 2024, the Labour government has made boosting Britain’s anemic growth a priority and wants to see a step up in foreign investment.
A big investment for a long-term dream
Amazon (AMZN.O) said on Tuesday its expansion in Britain, its third biggest market after the United States and Germany, would create thousands of jobs. It currently employs 75,000 people in the UK, making it a top 10 private sector employer. Its plan includes building two new state-of-the-art fulfilment centers in the East Midlands, central England, expected to open in 2027, as well as previously announced new centers in Hull, northern England, and Northampton, central England, that will open this year and next year, respectively.
The Hull and Northampton sites will each create 2,000 jobs. Amazon also plans new delivery stations across the UK, upgrades and expansions to its existing network of over 100 operations buildings, investment to enhance its transport infrastructure, two new buildings at its corporate headquarters in London, and the redevelopment of the Bray Film Studios in Berkshire, southern England.
Buildings, people, and everything that makes the world go round
Amazon’s investment in this country and its people is just a snippet of how it impacts everybody worldwide. To provide efficient service delivery to such a broad consumer base, a lot of manpower is required, and that is just what Amazon has a lot of. Worldwide employment is currently approximately 1,556 million people. This includes both full and part-time employees.