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Tuesday, May 17, 2022

Amazon Inc. [NASDAQ: AMZN] To Add 1,000 More Jobs In Ireland

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Amazon.com, Inc. disclosed Monday it has decided to increase its workforce as it creates additional 1,000 jobs in Ireland, bringing its total workforce to 5,000 in Ireland. The company has noticed the increase in demand for cloud services and it has decided to open the new delivery station in Dublin this year.

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Ireland is the center of attraction for the largest companies as it has a decades-old policy to attract multinational jobs with low corporate tax. Many US companies including Facebook [NASDAQ: FB], Apple Inc. [NASDAQ: AAPL] and Alphabet Inc. [NASDAQ: GOOGL] include one in 10 local jobs in Ireland.

Shares of Amazon.com, Inc. soared 0.75% and up +22.36 cents during the trading of Friday. It has a day low and high range of $2888.00-$3031.58, respectively. It has a closing price of $3008.91. Amazon had a trading volume of 5.63 million as compared to the average volume of 4.74 million.

In the past 52-weeks of trading, it has reported the 52-weeks low range of $1626.03 and a high range of $3344.39. If we turn our focus on profitability, it has return on assets (ROA) of 5.00%, return on equity (ROE) of 17.80%, and return on investment (ROI) of 11.70%. Amazon.com has recorded the sales of 296.27 billion and has a market cap of 1489.62 billion.

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