Amazon.com
Leading online retailer
of books, CDs, DVDs and electronics.
Headquarters:
1200 12th Avenue
Seattle, WA 98144
Employees: 17,000
CEO: Jeff Bezos
Stock Symbol: AMZN
Website:
http://www.amazon.com
Career
Site
Amazon.com is the Internet's leading retailer.
Best known for selling books online, you can find much more for
sale at Amazon from electronics to jewelry, kitchen appliances,
groceries, clothing and software.
Amazon's massive website is praised for
its ease-of-use as well offering customer reviews and ratings
of products sold. Strong customer service and timely product
delivery has been a key to the company's success.
Amazon pioneered the use of affiliate links,
where other websites would promote Amazon products in exchange
for a commission on sales, typically 5%. The company operates
online stores for Target and Office Depot.
The company introduced the Kindle in 2007,
a portable electronic book reader that lets users download books,
newspapers and magazines wirelessly onto the device. The Kindle
has a 6-inch LCD screen and sells for $399.
Amazon also introduced an online music
store called Amazon MP3. It is the only retailer to offer DRM-free
MP3 music downloads from all four major music labels as well
as over 50,000 independent labels. The MP3 store now includes
over 3.4 million songs from more than 270,000 artists.
Amazon generated $14.8 billion in revenues
in 2007, up 35% from a year ago. Net income was $476 million.
North American sales were $8.0 billion.
In addition to the U.S., Amazon also operates
sites for Canada, United Kingdom, China, Japan, France and Germany.
The company also owns IMDB ( Internet Movie Database) and Alexa,
which provides traffic information for websites. Another subsidiary,
A9.com, is based in Silicon Valley and is developing search technology
and visual Yellow Pages.
The company acquired DPReview.com in 2007,
a website with in-depth reviews of digital cameras.
History
The company launched its online site in
July 1995 and offered Earth's Biggest Selection of books. It
would quickly expand into a variety of categories and also offered
online auctions of goods. The company partnered with Toys R'Us
to sell toys online and went public in 1997.
CEO and founder Jeff Bezos was named Man
of the Year by Time magazine in 1999 as a visionary who symbolized
the increasing growth of Internet retailing.
Like many retailers, the Christmas season
accounts for a big portion of sales and Amazon had nearly 1/3
of its business during the fourth quarter.
Benefits
Amazon headquarters are in Seattle and
it operates distribution centers in Nevada, Kansas, West Virginia,
Pennsylvania and Kentucky.
Health Care:
- A choice of three medical plans designed to meet your individual
needs (several in-network and out-of-network options), with domestic
partner coverage
- Dental plan
- Vision plan
- Company-paid basic life and accident coverage as well as optional
coverage at a low cost
- Company-paid short- and long-term disability plan
- Employee assistance program including dependent-care referral
services and financial/legal services
- Health-care and dependent-care flexible spending accounts
Time Off:
- Salaried employees earn two weeks of vacation time in the first
year, three weeks of vacation in the second
- Hourly employees earn 40 hours of vacation time in the first
year, 80 hours in the second
- Five personal days every year in addition to six holidays
Savings Plans:
- Every full-time Amazon.com employee receives Amazon.com Restricted
Stock Units
- 401(k) savings plan with a company match
- Several employee discount programs
Updated February 26, 2008
|