Tech

Amazon pauses corporate hiring, citing 'unusual macro-economic environment'

Andy Jassy, who is wearing a blue shirt and navy blazer, speaking while sitting in a red chair.
Amazon CEO Andy Jassy Jerod Harris/Getty Images for Vox Media
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Amazon announced it would pause new corporate hires. 

In a message to staffers late Wednesday that was made public on Thursday, Beth Galetti, Amazon's senior vice president of people experience, cited an "unusual macro-economic environment" as a reason for the decision, saying the company "wants to balance our hiring and investments with being thoughtful about this economy."

Galetti told employees the company expects to keep the hiring freeze in place "for the next few months."

The public memo said that Amazon still intends to hire a "meaningful" number of employees in 2023, highlighting business segments like Prime Video, Alexa, and grocery.

The e-commerce giant had alluded to plans to freeze hiring in the past few weeks. 

On a conference call last week, CFO Brian Olsavsky told shareholders and reporters that Amazon is "looking for areas where we can save money," saying staffing was one area of focus

The comments came amid a slowdown for Amazon; the company projects it will have its slowest-ever fourth-quarter growth.

Amazon had already frozen hiring in its retail division in early October, according to internal documents reviewed by The New York Times.  

The company is not alone in rethinking its hiring practices amid a slowing economy: Meta, Alphabet, and Netflix all announced hiring freezes this year. 

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Samantha was a senior business reporter covering tech and trending news from Los Angeles. She wrote about AI, crypto, and money and power in the tech world. She also covered the broader media landscape and workplace trends.  Samantha appeared on national television and radio to discuss her reporting, including on CBS News and ABC's Good Morning America. Follow her @samdelouya on Twitter.  Selected stories:  Replika users say they fell in love with their AI chatbots until a software update made them seem less human Meta canceled job offers just weeks before international engineers planned moves to London to start jobs, workers say Resentment is mounting as some employees are forced back to the office, and some are allowed to work from home There are plenty of open jobs for tech workers — they're just not at tech companies I asked ChatGPT to do my work and write an Insider article for me. It quickly generated an alarmingly convincing article filled with misinformation.