EPISODE · Jul 19, 2019 · 5 MIN
*DataPoint* Amazon to Retrain Its Employees. Why That’s Big Deal.
from Data Driven
Recently, Amazon announced that it will spend $700 Million (USD) to retrain its employees. Why are they doing this? Simple: automation. They know that a displaced workforce would be bad political mojo at a time when the giant is facing increasing calls for regulation, even potential anti-trust action. Anti-trust laws in the US were made largely in reaction to the Standard Oil Company and its founder John D. Rockefeller. In this DataPoint, Frank notes how Jeff Bezos just may be the Rockefeller of our day.
Embed this episode
What this episode covers
Recently, Amazon announced that it will spend $700 Million (USD) to retrain its employees. Why are they doing this? Simple: automation. They know that a displaced workforce would be bad political mojo at a time when the giant is facing increasing calls for regulation, even potential anti-trust action. Anti-trust laws in the US were made…
NOW PLAYING
*DataPoint* Amazon to Retrain Its Employees. Why That’s Big Deal.
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.