Oct 5, 2017

Amazon sinks its teeth into MBA recruiting

Jeff Bezos, CEO and founder of Amazon. Photo: Reed Saxon / AP

"Amazon.com is flooding the zone at business-school recruiting events — drawing overflow crowds and irking other recruiters," writes Wall Street Journal's Kelsey Gee.

The takeaway: "Many big banks and consulting firms now want to know when Amazon is coming to campus so they can schedule their visits for a different day and avoid going head-to-head for an audience."

  • "Amazon has hired some 1,000 M.B.A.s in the past year ... a drop in the bucket for a company that plans to add 50,000 software developers in the next year."
  • "The talent wars begin even before classes do. This past June, Amazon sponsored an event at its Seattle headquarters for 650 soon-to-be first-year and returning women M.B.A. students, some of whom left the event with internship offers for summer 2018."
  • Why it matters: "Tech companies, once averse to hiring PowerPoint-loving B-school grads, have embraced them in the past few years."
  • Miriam Park, Amazon's director of university programs, "said business students understand Amazon's customer-obsessed ethos and tend to be 'risk oriented,' scrappy and analytical."
  • How they do it: "Amazon's campus recruiters descend en masse and are in almost-constant touch with students ... Amazon might have eight or 10 alumni working large events or hosting coffee meetings for one-on-one conversations with students, compared with a typical one or two presenters from other companies. 'It's been a huge volume play.'"

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Another 14 passengers tested positive for the novel coronavirus during their evacuation from the Diamond Princess cruise ship before being flown in a "specialist containment" area of the plane to the United States, per a Trump administration statement early Monday.

Details: Over 40 Americans who had been on the ship had previously been confirmed as infected and will remain in Japanese hospitals for treatment, NIAID director Anthony Fauci told "Face the Nation" Sunday. The rest were evacuated, and these latest cases were among them. All evacuees will undergo a 14-day quarantine upon arrival later Monday.

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Why it matters: The Holden brand has been in Australia and New Zealand for 160 years, per a GM statement issued in Australia. It is beloved by many motor racing fans down under. Holden produced Australia's first wholly locally made car in 1948.

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In photos: Deadly Storm Dennis lashes U.K., Ireland and western France

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Storm Dennis continued to pummel parts of England, Wales and Ireland over Sunday night with heavy rain after battering Northern Ireland and Scotland, per the official British weather agency the Met Office.

Why it matters: It's the second-strongest nontropical storm ever recorded in the North Atlantic Ocean, with its hurricane-force winds and heavy rains that caused widespread flooding across the U.K., the Washington Post notes. Police in Wales confirmed Sunday they found the body of a man who fell into a river as the storm lashed Ystradgynlais.

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