Amazon Will Spend $1.2 Billion on Employee Tuition, Courses
- Company is seeking to attract workers amid tight labor market
- Walmart and Target earlier announced similar education perks
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Amazon.com Inc. said it will pay college tuition for select frontline employees, becoming the latest big U.S. employer to offer educational perks to attract and retain workers in a tight labor market.
The Seattle company said it will spend an additional $1.2 billion by 2025 on education and skills training, including, for the first time, paying the complete costs of college tuition. Amazon has offered a range of educational and job-training perks focused on in-demand fields like nursing and trucking since 2012, many under the banner of its Career Choice program.