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.
-
Business6 days agoThe Pros and Cons of Nigeria’s $10bn Surge in Capital Importation
-
Featured2 days agoTwo arrested after England team equipment stolen ahead of World Cup opener
-
Business4 days agoGround handlers suspend services to Max Air over unpaid debts
-
Featured6 days agoNigeria must move beyond zoning, choose leaders based on competence ahead of 2027 – Baba-Ahmed
-
Latest6 days agoKwankwasiyya dismisses reports of Kwankwaso’s exit from NDC
-
Football1 week agoChristian Eriksen stable after collapsing during Denmark–Ukraine friendly
-
Latest5 days agoReps bar first-term lawmakers, block Ugochinyere’s bid for minority leader
-
Featured5 days agoBamidele proposes six-year single term for presidents, governors

