Amazon burns through workers so quickly that executives are worried they'll run out of people to employ, according to a new report

Amazon's hourly staffers quit so frequently that executives are worried the company will run out of hirable workers, The New York Times reported.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. Amazon burns through workers so quickly that executives are worried they'll run out of people to employ, according to a new report Amazon's hourly staffers quit so frequently that executives are worried the company will run out of hirable workers, The New York Times reported. READ MORE Premium Credit Suisse has lost at least 45 execs, bankers, and traders after a string of scandals in recent months. Here's who left and where they're going. Dozens of Credit Suisse senior employee exits have surfaced since April. The bank has been rocked by exposure to the Archegos and Greensill implosions. READ MORE China hacked an internet security tool to target Verizon and Southern California's water supplier, among others "We know that bad actors try to compromise our systems," said Verizon spokesman Rich Young. "That is why internet operators, private companies, and all individuals need to be vigilant in this space." READ MORE Premium A VC shares the crypto investing strategy that increased his fund size sixfold in 4 years. He lays out his unique use case for betting on Polkadot's DOT — a token that's surged 200% this year A well-known early-stage venture capitalist shares the secret to his success in crypto investing and polkadot's disruptive potential. READ MORE After months on hiatus, David Dobrik posts a vlog with only vague mentions of controversies In March, Dobrik said he was taking a social media break to be able to establish structures that can help people on his team express discomfort. READ MORE Premium Billionaire hedge fund manager Paul Tudor Jones says to 'go all in on the inflation trades' if the Fed stays nonchalant about rising prices. Here are 3 trades from top investors, and 3 hedging strategies if the Fed delivers a surprise u-turn. Ahead of the Fed's meeting, top investors and strategists share 3 inflation trades and 3 hedging strategies to play a dovish or a hawkish stance. READ MORE Having a job right now means longer hours and slow pay growth Firms are scrambling to attract workers with higher pay and various incentives. Employed Americans, meanwhile, are getting the short end of the stick. READ MORE Premium JPMorgan's private-bank CEO is gearing up to go on a hiring spree to add 1,500 advisors. Here's why he's targeting talent in Florida and California. America's wealthy fled major cities for sunnier climes. JPMorgan's private bank is hiring aggressively and expanding to new cities to follow clients. READ MORE Premium The top US portfolio manager at $2 trillion Amundi believes a regulatory storm is coming for cryptocurrency. He explains why bitcoin and ether won't play a bigger role in the financial system in 10 years than they do now. "You really believe that the US will accept to not control its monetary policy?" asks Amundi's top US portfolio manager, Marco Pirondini. READ MORE Premium The founder of a digital assets hedge fund breaks down 3 under-the-radar drivers that could shortly reboot the crypto bull market — and shares why El Salvador's acceptance of bitcoin as legal tender is 'extremely powerful' Carlos Betancourt lays out 3 under-the-radar drivers that could rekindle the crypto bull market where BTC and ETH could notch new all-time highs. READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006