Amazon said it has halted corporate hiring and expects to keep the freeze in place for the next few months
The outlook for tech industry jobs worsened on Thursday, with ride-hailing company Lyft Inc. and payments company Stripe Inc. both announcing major layoffs and Amazon.com Inc.
saying it will freeze corporate hiring for months.to combat inflation, signaling greater risk that the U.S. economy is sliding into a recession. Faced with that possibility, tech company executives are warning of tougher times ahead.
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The best Amazon device day dealsAlexa, show me great deals on Amazon tech.
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Amazon, Meta and Alphabet now require 'perfection,' analyst says in Big Tech 'autopsy'Technology giants Amazon Meta and Alphabet all have different business mixes, but they’re similar in that they all delivered poorly received earnings reports last week.
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