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Amazon will invest $1.2 billion through 2025 to fund full college tuition, high school diplomas, GEDs, and English as a Second Language (ESL) proficiency certifications for its front-line employees.
It is also adding programs to provide the opportunity to learn skills within data center maintenance and technology, IT, and user experience, and research design.
Chinese counterpart Alibaba Group Holding Ltd (NYSE: BABA) recently dedicated .5 billion to provide subsidies to small- and medium-sized enterprises and improve insurance protection for gig economy workers amid China's widespread tech crackdown.
Price Action: AMZN shares closed lower by 1.17% $3,484.16 on Thursday.
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