(CNN/CBS) - Online retail giant Amazon is preparing for the holidays with an early present by hiring for thousands of jobs.
The company has announced it will hire 50-thousand workers for the holiday season. Amazon currently employs 20,000 people at 40 "fulfillment centers", where the seasonal employees will be placed. The company said the temporary positions could turn full-time for thousands of workers after the holidays. Amazon is just one of several big seasonal hiring announcements recently. Macy's, Kohl's and Toys 'R' As have all announced major holiday hiring plans.
There's a new chapter for Kindle customers. Amazon says they are entitled to a credit for electronic book purchases. It's part of a settlement between the federal government and three publishers. The publishers were accused of price fixing. The Kindle credits are expected to range from 30-cents to a $1.32 for each book purchased between 2010 and last May.
And PayPal may be ready to cut its workforce. The internet payment service is a unit of eBay with about 13-thousand employees. About 400 jobs could be eliminated in the coming weeks. PayPal's president says he wants the company to be more like an agile start-up than a large company.
Facebook's political action committee has given more money to republicans than democrats. That's according to a CNN-Money review of federal records. It showed the corporate PAC gave 140-thousand dollars to republicans and 127-thousand to democrats through the end of last month, but it turns out Facebook employees heavily favor democrats. According to the center for responsive politics, Facebook workers gave democrats more than double what they donated to republicans. Facebook's chief operating officer alone has given more than 30-thousand dollars to the democratic national committee, and five-thousand to President Obama.