Amazon hired 628,000 people but is still short staffed

$Amazon (AMZN.US)$ “We made strong progress in Q3 to build and open new facilities and as a result for the first time since the pandemic began, we are no longer capacity constrained for physical space in the network,” Olsavsky said.

“September alone we brought online more than 100 new buildings in the United States including fulfillment centers, sort centers, and last-mile delivery stations. For the year, we expect our 2021 footprint additions to exceed last year’s buildout, which was also significant.”

It is a positive development as Amazon still looking for workers and expanding the workforce. The logistic and warehouse networks are in a optimal mode now as Amazon has been invested heavily to fight off the competition. Amazon should be able to absorbs these material and labor costs easily as AWS still growing very fast and provided profit margin.