FILE - The Amazon logo is displayed at a news conference in New York on Sept. 28, 2011. Amazon Music is gearing up for a massive content expansion: The streaming giant will offer a full catalog of music with more than 100 million songs for members. (AP Photo/Mark Lennihan, File)
FILE - The Amazon logo is displayed at a news conference in New York on Sept. 28, 2011. Amazon is pausing hiring for its corporate workforce as the company moves to cut costs amid worries about the economic environment. Beth Galetti, the senior vice president of people experience and technology, said in a memo Thursday, Nov. 3, 2022, that company executives decided this week to halt “new incremental hires” for the entire corporate workforce. (AP Photo/Mark Lennihan, File)
FILE - The Amazon logo is displayed at a news conference in New York on Sept. 28, 2011. Amazon Music is gearing up for a massive content expansion: The streaming giant will offer a full catalog of music with more than 100 million songs for members. (AP Photo/Mark Lennihan, File)
FILE - The Amazon logo is displayed at a news conference in New York on Sept. 28, 2011. Amazon is pausing hiring for its corporate workforce as the company moves to cut costs amid worries about the economic environment. Beth Galetti, the senior vice president of people experience and technology, said in a memo Thursday, Nov. 3, 2022, that company executives decided this week to halt “new incremental hires” for the entire corporate workforce. (AP Photo/Mark Lennihan, File)
NEW YORK (AP) — Amazon is pausing hiring for its corporate workforce, the latest move by the company to cut costs amid worries about the wider economic environment.
Company executives have decided to halt “new incremental hires” for the entire corporate workforce and anticipate the pause to be in place for a few months, Beth Galetti, the senior vice president of people experience and technology, said in a memo posted on Amazon's website on Thursday.
The company “will continue to monitor what we’re seeing in the economy and the business to adjust as we think makes sense,” Galetti said. “We’re facing an unusual macro-economic environment, and want to balance our hiring and investments with being thoughtful about this economy.”
Depending on the business, Galetti noted Amazon will hire backfills to replace employees who leave the company. In some areas, it will continue to hire people incrementally.
In the past few weeks, Amazon had paused hiring for the corporate side of its retail division and some of its other businesses. The company has also gotten rid of subsidiary and shuttered its health service. Galetti said the Seattle-based retail and tech giant still intends to hire a “meaningful number of people” next year.
The ɫtv Press. All rights reserved.
Get the latest from ɫtvNews in your inbox. Select the emails you're interested in below.
Canada is entering a new era of nation-building. From clean-energy corridors and c…
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
