Tech titans curb hiring in a ‘challenging macro environment’

Amazon ramped up hiring to handle soaring online shopping demand during the pandemic only to find itself overstaffed as inflation tightens consumer budgets.

From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times.

Internet giants that saw business boom during the pandemic have taken a hit from inflation, war, supply-line trouble and people returning to pre-COVID lifestyles.
Corporate belt-tightening was a common theme as big tech firms reported earnings from the first three months of this year.
Facebook parent Meta told analysts that hiring goals …

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