Amazon is freezing its hiring budget for its retail business this year, according to a report by Business Insider.
As per the report, an internal email revealed that the Seattle-based retailer plans to keep “flat headcount opex,” or operating expense, this year compared to last. These costs include employee salaries and stock-based compensation.
An Amazon executive shared earlier this year that any rise in the hiring budget will face close scrutiny and require strong justifications.
The retail business is shifting its focus from headcount targets to…