Market Movers rounded up the latest reactions on Amazon from investors and analysts. The pros, including Jim Cramer , discussed the e-commerce giant after it announced plans Tuesday to add 250,000 employees ahead of the holiday shopping season. Amazon typically brings in temporary workers during the busiest shopping time of the year to keep up with the surge in demand. Last year, the company hired 150,000 holiday workers. Additionally, Amazon’s hardware chief Dave Limp announced last month that he is stepping down at the end of this year. Amazon closed down 1.7% Tuesday and is currently held in Cramer’s Charitable Trust portfolio.
Read the full article here
News Room