Amazon’s $700 Million Training Pledge Is Actually a Bargain
The retail giant may end up spending less per employee than the average organization.
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Amazon.com Inc. is amazing at turning mundane corporate management decisions into global news events.
Many retailers host annual sale events. But Amazon “celebrates” Prime Day. Many chief executives write notes to their shareholders. But Jeff Bezos pens annual letters with “lessons” and “principle themes” and “important words” to behold. Many companies open satellite offices. Amazon “launched” HQ2 with a continent-wide pitch contest. And many companies train their employees. On Thursday, Amazon announced how much it’s spending on workplace training over the next six years: more than $700 million.