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Amazon could run out of workers in US in two years, internal memo suggests
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Is Amazon about to run out of workers? According to a leaked internal memo, the retail logistics company fears so.“If we continue business as usual, Amazon will deplete the available labor supply in the US network by 2024,” the research, first reported by Recode, stated.Amazon is right to be worried – its staff turnover rate is astronomic.
Before the pandemic, Amazon was losingabout 3% of its workforce weekly, or 150% annually. By contrast the annual average turnover in transportation, warehousing and utilities was 49% in 2021 and in retail it was 64.6%, less than half of Amazon’s turnover.Even Amazon’s founder, Jeff Bezos, is worried.
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