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Amazon reportedly freezes hiring for the corporate wing of its global retail business

Added 10-04-22 04:14:04pm EST - “Numerous major companies have begun initiating hiring freezes and layoffs to reduce their workforce.” - Businessinsider.com

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Posted By TheNewsCommenter: From Businessinsider.com: “Amazon reportedly freezes hiring for the corporate wing of its global retail business”. Below is an excerpt from the article.

Amazon has initiated a corporate hiring freeze for its retail segment, according to a New York Times report. The freeze will last until the end of 2022.

According to The New York Times' Karen Weise, the freeze will last until the end of 2022, and affect all corporate positions in the company's stores business, with a few exceptions such as "field positions." 

The Times obtained internal documents indicating that the online giant will proceed with interviews that are scheduled prior to the cutoff date of Oct. 15. 

When it comes to large companies shaking up their hiring strategies, Amazon is not alone. Walmart recently announced that it will hire fewer store workers this holiday season, compared with other years. Many companies have struggled with the "Great Regret" after recruiting too many employees earlier in the pandemic. Some, such as Tesla, 7-Eleven, and TikTok, have gone on to initiate layoffs and hiring freezes in order to course-correct. 

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