The almighty Amazon is running out of people

Despite the fact that it is "shocking" in a country with a high unemployment rate like Spain, "there is a lack of workers, here and in the US," assures the communicator and business school professor Pablo Foncillas.

Thomas Osborne
Thomas Osborne
20 July 2022 Wednesday 00:02
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The almighty Amazon is running out of people

Despite the fact that it is "shocking" in a country with a high unemployment rate like Spain, "there is a lack of workers, here and in the US," assures the communicator and business school professor Pablo Foncillas. The labor shortage affects even giants like Amazon, the US company with the most workers after Walmart.

"Yes, as you hear it: one of the many problems facing the giant of Seattle is that it has grown so much that there is no longer available labor with the profile they need," he says. And this worries the e-commerce giant, as indicated by the information that has leaked from inside the company.

But why is Amazon uneasy about labor shortages as opposed to Walmart? "Perhaps the difference lies in the evolution of hiring," replies the management expert, since the company led by Andy Jassy hopes to continue increasing its size and estimates that by 2024 it will run out of people to recruit in some areas.

"Amazon is an extreme case of dying of success," says Foncillas, adding that one of the company's challenges is now to overcome cash tensions -because in 2021 its free cash flow was negative- and to solve its foreseeable lack of labor Should it reinvent itself?