Employees can lease delivery vans from Amazon and also get discounts on fuel and insurance. The program is available in the U.S., the U.K. and Spain. The expansion of the program—which was first announced in June 2018—to include US$10,000 for employees comes the same day that Reuters reported that Amazon is releasing machines that box up customer orders, which could lead to up to 1,300 job cuts. (VentureBeat)
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Employees can lease delivery vans from Amazon and also get discounts on fuel and insurance. The program is available in the U.S., the U.K. and Spain. The expansion of the program—which was first announced in June 2018—to include US$10,000 for employees comes the same day that Reuters reported that Amazon is releasing machines that box up customer orders, which could lead to up to 1,300 job cuts. (VentureBeat)
Talking point: This is a way for Amazon to expand its delivery fleet as the company looks to make free one-day shipping the default for its Prime customers. It could also help it save money over time, since the employees—who will own the businesses and become contracted by Amazon once they start them—will help offset some of the costs associated with starting a delivery service, like vehicle leasing. However, the company isn’t completely cutting off third-party delivery firms. Amazon is spending US$800 million on its Prime one-day shipping plans, and will use existing partners like UPS for its rollout.
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