What does Amazon's slowdown on hiring mean?
Amazon appears to be seeking the smallest number of new employees for its Seattle headquarters in years after hiring thousands since 2014.
According to The Seattle Times, open job postings at Amazon’s headquarters, which stood at more than 9,000 as recently as June, have declined sharply and steadily in the last few months.
The company was seeking 3,503 workers in Seattle on Friday, the lowest since 2014 among periodic snapshots tracked by The Seattle Times, as well as archived web pages.
According to The Times, several employees across a range of teams at Amazon describe hiring freezes or postponements, reorganizations to reduce redundancy or layers of management, and, in at least one case, cutbacks in travel spending.
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