Amazon and Target will add on a combined 350,000 employees for the upcoming holiday shopping season, according to announcements by both companies on Tuesday, while Amazon said it will invest more than $1 billion to increase average hourly wages.
Amazon announced the seasonal hires in addition to wage increases for delivery workers.
Amazon will hire 250,000 people for full-time, part-time and seasonal fulfillment center and transportation roles, according to an announcement, while increasing the average pay for those positions up to $28 per hour.
Target said in a statement that it would add 100,000 seasonal team members for its “busiest season of the year.”
Amazon hired an estimated 150,000 workers last year, and previously pledged to hire 200,000 seasonal employees in 2019, according to Bloomberg, while Target pledged to hire 100,000 employees last year and in 2021.
The new Amazon positions will pay hourly rates between $17 and $28 per hour depending on location, the company said, with some new hires eligible for bonuses ranging between $1,000 and $3,000.
This is a developing story and will be updated.