Amazon Is Pausing Hiring for Corporate Workforce

by seibeljon 11/3/22, 5:11 PMwith 47 comments
by throwaway23597on 11/3/22, 5:39 PM

Man, it sure seems like the fed announcement yesterday spooked a lot of tech companies, eh? The thing I don't get is that the federal funds rate was also being raised in the mid 2010s, yet there was no corporate freakouts: https://fred.stlouisfed.org/series/FEDFUNDS

Is the root cause of this really just overhiring during the pandemic? Or is there something else at play here?

by gumbyon 11/3/22, 6:55 PM

What is "corporate workforce"? I assume it does not include hourly (warehouse) staff. But AWS? With 75% of corporate profits and high growth I wouldn't imagine they'd want to skimp there.

by Andrexon 11/4/22, 3:42 AM

Over the past two years I've gotten regular AWS recruitment emails, in fact for the last few months it's been every two weeks (from different people each time!) I responded that I had left tech, but if Amazon Studios was interested in an unrepped screenwriter I could be the guy. :P Some responded positively initially, though none followed up past the first reply.

I'll miss responding to those for a while.

by scubboon 11/3/22, 6:45 PM

> Andy and S-team decided this week to pause on new incremental hires

> We still intend to hire a meaningful number of people in 2023

Am I missing something, or are these contradictory?

by macawfishon 11/3/22, 9:46 PM

I had an interview yesterday somewhere where they said they were really excited to move me forward, only to find out today that they're putting the position on hold :(