REPORT: AMAZON FREEZES HIRING ON CORPORATE RETAIL DIVISION

Amazon is implementing a hiring freeze on the corporate side of its retail business for the rest of the year, according to a New York Times report, becoming the latest company to pause hiring plans amid growing concerns about an economic downturn.

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Citing an internal announcement, The New York Times reported this week that the company informed recruiters all open job postings for such roles will close, and new openings will be available next year. The internal email also recommended phone interviews and other recruiting efforts be canceled, according to the report, which said some roles - such as field positions -- will be exempt.

In an email, Amazon spokesperson Brad Glasser said the company has a "significant number" of open roles. Glasser declined to say if Amazon was implementing the hiring freeze.