Amazon has frozen headcount at its growing advertising business, after it posted a glum fourth-quarter outlook amid slowing sales: reports
Amazon did not immediately respond to a request from Insider for comment, which was sent outside regular business hours. that Amazon would be taking actions to tighten its belt, including pausing hiring in certain businesses and winding down products and services.
An Amazon spokesperson told Bloomberg there were still a"significant number of open roles" across the company."We have many different businesses at various stages of evolution, and we expect to keep adjusting our hiring strategies in each of these businesses at various junctures," they added. is important, because it underscores the fact that the company is doubling down on profitability.
Although advertising isn't Amazon's largest business, it's one of the e-commerce giant's fastest-growing areas,
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