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11/3/2022, 5:42 PM (Source: TeleTrader)
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Amazon to pause corporate hiring

Amazon.com Inc.'s Senior Vice President of People Experience and Technology Beth Galetti revealed that the company will "pause on new incremental hires in our corporate workforce."

The announcement was first shared with employees on Wednesday and was posted on the e-commerce giant's website on Thursday. The temporary halt in hiring will last over "the next few months" and was attributed to an "unusual macro-economic environment." Amazon will keep its focus on "the economy and the business" and will "adjust as we think makes sense," according to Galetti.

She added that the company plans "to hire a meaningful number of people in 2023."

Baha Breaking News (BBN) / MS