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Amazon has locked down hiring for this business; internal memo said: Any hiring requires ….

Amazon has locked down hiring for this business; internal memo said: Any hiring requires ….

Time of India3 hours ago

Amazon's retail division has frozen its hiring budget for 2025, maintaining flat headcount operating expenses compared to 2024, according to an internal email obtained by Business Insider. The memo from a finance leader in Amazon's retail unit stated that any hiring requires "strong supporting reasons" and will face intense scrutiny.
The hiring restrictions affect corporate employees across Amazon's retail organization, including its online marketplace, logistics operations, and Fresh grocery business. However, the freeze doesn't apply to warehouse workers or Amazon Web Services cloud division staff.
Shift from headcount to budget-based hiring approach
The retail division is transitioning from traditional headcount targets to strict budget management, giving managers predetermined spending limits for their teams. This approach forces leaders to balance hiring decisions against fixed financial constraints rather than simply filling predetermined positions.
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Amazon spokesperson Zoe Hoffman emphasized that maintaining a flat hiring budget doesn't mean the company has stopped recruiting entirely. "Each of Amazon's many businesses has its own approach to hiring based on its individual needs," she told BI, describing the strategy as a "responsible way" to manage growth at the company's scale.
CEO Jassy's efficiency drive continues
The hiring freeze represents the latest move in CEO
Andy Jassy
's ongoing cost-cutting campaign since taking over in 2021. His efficiency initiatives have included eliminating 27,000 jobs since late 2022, streamlining management layers, and revamping compensation structures.
These efforts have paid dividends financially, with Amazon reporting record profits of $59 billion in 2024, nearly double the previous year's results. The company's workforce, which doubled to 1.6 million employees between 2019 and 2021, has since declined to 1.55 million.
Retail CEO Doug Herrington
has closely monitored operating expenses over the past two years and recently told employees that belt-tightening would likely continue into 2025. "We have to keep reducing costs so that we can afford the big investments in big new businesses," he explained at an internal meeting, according to BI's previous reporting.
The budget-focused approach gives managers more flexibility to hire contractors or temporary workers while encouraging leaner team structures.
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  • Time of India

Online prices in 12 cities to be monitored for new CPI series

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Time of India

time24 minutes ago

  • Time of India

Starbucks lowers prices in China as rivals brew up discount war

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Time of India

time25 minutes ago

  • Time of India

Mercury-Jupiter Conjunction in Gemini: Make Your Mind a Money Magnet

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It is a zodiac sign of learning, movement, networking, and adaptability. So when Mercury meets Jupiter in Gemini, our thoughts gain wings. Words become more than mere sentences—they become spells that can shape our future. This is the time to speak wisely, dream boldly, and plan fearlessly. But what makes this conjunction a 'money magnet'? It is the perfect combination of thinking big (Jupiter) and acting smart (Mercury). Financial abundance begins in the mind, and on 09th June 2025, the universe will give us the keys to unlock that abundance through mental mastery. Gemini Vibes: The Playground of Ideas Gemini is the third sign of the zodiac and is symbolised by the twins, showing duality, curiosity, and youthful energy. It rules communication, travel, social media, writing, and trade. This is not a passive sign—it loves movement and innovation. Mercury is at home here, and when joined by Jupiter, ideas flow like a river of gold. 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The energy of 09th June will amplify whatever you think and speak. Be mindful of your words, as they carry the frequency of your future. Career and Business: New Heights of Growth For career-minded individuals, this is a phase to speak up, take initiative, and present your ideas with confidence. If you are planning to change jobs, ask for a promotion, or negotiate a better salary—this conjunction supports bold yet intelligent communication. Mercury gives you the right words, and Jupiter gives you luck. Business owners will benefit from new marketing strategies, digital expansion, online launches, and foreign connections. Jupiter in Gemini loves to network across boundaries, so international collaborations and online entrepreneurship will see positive results. This is also a favourable period for freelancers, writers, journalists, teachers, and coaches. Teaching, speaking, and writing will bring not just recognition but revenue. 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Use your talents wisely—this is the right time to evaluate how you can turn skills into money and boost your confidence in the financial realm. Gemini, the spotlight is directly on you. Your charm, leadership, and communication will open doors. Speak up, take initiative, and don't shy away from bold moves—they could bring major recognition. For Cancer, this is a time of deep inner healing. Past emotional or financial wounds can now be released as you embrace a more spiritual approach to abundance. Let go of fear and allow faith to guide your financial decisions. Leo, your strength will come through your connections. Collaborations, online platforms, and visionary ideas will help you attract the right allies and investors. Virgo, your professional image gets a positive boost. Take center stage in your workplace—this is your time to lead with clarity and speak with authority. Libra, luck comes from distant lands, higher education, and legal matters. 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