Business
Amazon to pause hiring due to uncertain economic situation
E-commerce giant, Amazon has announced it would temporarily put a stop to hiring more employees due to an uncertain and challenging economy.
This is according to the note shared with workers on Wednesday and published on Thursday.
Amazon executive Beth Galetti said that the company decided to pause on new incremental hires in its corporate workforce.
It said this was due to an uncertain economy and in light of how many people we had hired in the last few years.
Galetti said that the hiring freeze would likely remain in place for the next few months.
It clarified that the company would in most cases, continue to fill vacant positions and, in some targeted places, increase the headcount.
Amazon employed some 1.5 million people worldwide.
-
Football1 week agoArgentine presenter Florencia Peña resigns after false on-air report about Lionel Messi’s father
-
Business1 week agoAward-winning Mitsubishi L200 gets anniversary price cut in Nigerian market
-
Latest6 days agoSex video leak sparks disciplinary action as FUOYE suspends two students
-
Business6 days agoThe CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising
-
Comments and Issues6 days agoEkiti 2026: Will INEC redeem self or slide further?
-
Latest6 days agoTinubu Grants Customs Boss Adeniyi Final Six-Month Extension to Oversee Single Window Project, Succession
-
News6 days agoYiaga Africa Flags Discrepancies in Ballot Papers of Ekiti Governorship Poll
-
Football6 days agoWorld Cup group stage heats up as Germany face Ivory Coast, Netherlands meet Sweden in crucial fixtures