Amazon, Strife, Lyft see hiring freezes, layoffs amid looming recession

Amazon joined other US tech companies as it announced freeze in new hirings in its corporate workforce sighting uncertainity in global economy.

Beth Galetti, Amazon’s senior vice president of people experience and technology, confirmed the move in a memo that the company had already begun pausing or slowing hiring in various corporate departments in “recent weeks”.

“We’re facing an unusual macro-economic environment, and want to balance our hiring and investments with being thoughtful about this economy,” Galetti wrote.

“With fewer people to hire at this moment, this should give each team an opportunity to further prioritise what matters most to customers and the business, and to be more productive,” he added.