Amazon has offered to cover the cost of college tuition of all 750,000 of its frontline workers in the US. It comes as the online shopping giant struggles to attract and retain staff amid an industry wide labor shortage.
The firm said it would invest $1.2 billion in the plan, with workers able to access the annual funding for as long as they remain at Amazon.
It’s the latest big firm to offer to fund workers’ education after similar moves by Walmart and Target.
The shopping giant also said it would cover other types of education, including high school diplomas and English language courses, as well as extending on-the-job career training to 300,000.
According to the US Labor Department, job openings hit a new record high of 10.9 million in July, surpassing the number of unemployed people by more than 2 million.
Experts say a mixture of people leaving the workforce during the pandemic, lingering concerns about COVID-19 and a lack of childcare have prolonged the shortage.