Amazon will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic environment,” a company executive said on Thursday.
“We anticipate keeping this pause in place for the next few months, and will continue to monitor what we’re seeing in the economy and the business to adjust as we think makes sense,” Beth Galetti, senior vice-president of People Experience and Technology at Amazon, said in a blog post.
The company has already paused hiring in some of its businesses in recent weeks, but intends to hire a “meaningful” number of people next year, Galetti added.
Over the last month, many media outlets have reported about hiring freezes in parts of Amazon’s cloud unit, AWS, as well as in its retail business.
Last week, Amazon warned of weaker sales in the fourth quarter. Shares were down nearly 2% in afternoon trading.
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