Friday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Friday’s business headlines.
Amazon
Amazon says thousands of its employees got coronavirus.
That’s about 1.5% of its entire workforce, including Whole Foods.
Amazon’s products and delivery capabilities were crucial in the early days of the pandemic.
Amazon says it hopes other large employers share their COVID data as well.
Zoom
Zoom has become a household name during the pandemic.
Now MBLM’s Brand Intimacy COVID study says video conferencing has become a critical tool for working, learning and maintaining our social bonds. Zoom has emerged as a verb for its ease of use.
Purell and Netflix follow Zoom and rank second and third.
Digital sales
Global digital sales this upcoming holiday season will likely increase by 30% and reach all-time highs.
Salesforce is also forecasting that the online sales frenzy will “likely exceed shipping capacity by 5% globally, potentially delaying up to 700million holiday packages.”
To avoid a fulfillment crunch, retailers are offering alternative pickup options such as buy online, pick up in store.
Jobs
On Friday, we get the final monthly jobs report before the election.
The economy is expected to have added 800,000 jobs in September.
The unemployment rate is projected to have fallen to 8.2% from 8.4%, according to the Dow Jones.