Amazon freezes hiring budget for its big retail business this year
Amazon's retail business is locking down its hiring budget. According to an internal email, this major part of the company will keep a "flat headcount opex," or operating expenses, this year compared to 2024. Headcount operating expense refers to employee salaries plus their stock-based compensation, the email noted.The update was shared earlier this year by a finance leader in Amazon's retail unit. This executive explained that any increase in the hiring budget will be "scrutinized" and require "strong su ...