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Amazon cuts back on hiring at Seattle headquarters

Published 12/11/2017, 02:18 PM
© Reuters.  Amazon cuts back on hiring at Seattle headquarters
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  • Amazon (NASDAQ:AMZN) has cut back on hiring at its Seattle headquarters as the company searches for a location for its second headquarters, according to The Seattle Times.
  • The company had about 3.5K open positions in Seattle last week, down from over 9K in June.
  • Several employees told The Seattle Times that Amazon is freezing hiring for some positions, postponing others, and reorganizing staff and teams to cut back on costs while improving efficiency.
  • Amazon closed its application period in October for cities hoping to become the home of HQ2.
  • Amazon shares are up 0.45%.
  • Previously: Amazon receives 238 proposals for HQ2 (Oct. 23)
  • Now read: Don't Believe The Hype


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