Amazon will suspend the hiring of its corporate workforce

Amazon will suspend the hiring of its corporate workforce
Photo by Varun Gaba / Unsplash

Nevertheless, the company believes it will be able to hire a significant number of employees in 2023.

For now, Amazon, like many IT giants, is trying to cut labor costs as much as possible. However, there is little impact on the macroeconomy: vacancies are plentiful in the market, and human capital is simply flowing across sectors.

This means that the problem of an "overheated" labor market in the U.S. due to the actions of the big tech companies will not go anywhere.