An Amazon logo sits on a collection cart for customer orders on the opening day of the new Amazon.Com Inc. fulfillment center in Dobroviz, Czech Republic. (Photographer: Martin Divisek/Bloomberg)

Amazon Commits $700 Million to Retrain Workers in New Skills

Jul 11 2019, 11:53 AMJul 12 2019, 12:58 AMJuly 11 2019, 11:53 AMJuly 12 2019, 12:58 AM

(Bloomberg) -- Amazon.com Inc. said it will spend $700 million to retrain about one-third of its U.S. workforce in skills needed to thrive in the new economy.