Amazon said it has halted corporate hiring and expects to keep the freeze in place for the next few months
The outlook for tech industry jobs worsened on Thursday, with ride-hailing company Lyft Inc. and payments company Stripe Inc. both announcing major layoffs and Amazon.com Inc.
saying it will freeze corporate hiring for months.to combat inflation, signaling greater risk that the U.S. economy is sliding into a recession. Faced with that possibility, tech company executives are warning of tougher times ahead.
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