Amazon will provide up to $ 10,000 to allow employees to start new delivery companies



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Amazon.com Inc.

AMZN, -0.52%

announced Monday the expansion of its delivery service partner program, in which it will now provide up to US $ 10,000 to fund start-up and operating costs of up to $ 10,000. a parcel delivery company. The new incentive program will also include the equivalent of three months of the last gross salary of the former employee to help new small business owners start their business. "We have received a lot of interest from tens of thousands of people who have applied to be part of the delivery service partner program, including many employees," said Dave Clark, Senior Vice President, Global Operations. . Amazon said it would play an active role in supporting employees who leave their company to create their new delivery business, providing a "constant delivery volume", access to the company's delivery technology, training and discounts on assets and services. Amazon shares fell 2.1% in pre-market trading. It rose 25.8% until Friday, while the S & P 500

SPX, + 0.37%

gained 14.9%.

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