Recession Concerns Grow As Amazon Pauses Hiring And Major Tech Companies Announce Layoffs This Week
Brian
BushardForbes Staff
I cover breaking
news for Forbes
TOPLINE
Amazon announced plans Thursday to implement a
corporate hiring freeze, as the country’s second biggest company contends with
rising inflation and economic uncertainty—becoming the latest company this week
to adjust its headcount as large tech operations including Lyft, Opendoor and
Stripe conduct layoffs, fearing a recession could be around the corner.
Connecting the Dots:
Jeffrey P. Bezos is
the chairman & president & CEO for
Amazon.com,
Inc. and a member of
the Breakthrough Energy Coalition.
George Soros is a
member of the Breakthrough Energy Coalition and was the Chairman
for the Foundation to Promote Open Society.
Foundation to Promote Open Society was a funder for the Aspen
Institute (think tank), the Urban Institute (think tank) and
the Carnegie Endowment for International Peace (think tank).
L. John Doerr is
a member of the Breakthrough Energy Coalition, a trustee at
the Aspen Institute (think tank), and was a director at the Amazon.com,
Inc.
Jamie S. Gorelick is
a director at the Amazon.com, Inc., the chairman for the Urban
Institute (think tank) and was a trustee at the Carnegie Endowment
for International Peace (think tank).
Carnegie
Endowment for International Peace (think tank) was a
funder for the Nuclear Threat Initiative (think tank).
Warren E. Buffett is
an adviser for the Nuclear Threat Initiative (think tank), a life
trustee at the Urban Institute (think tank), and an advisory board
member for Everytown for Gun Safety.
Everytown
for Gun Safety is a “Gun Safety, Gun Control” group
for guns.
Nicolas J.
Hanauer is an advisory board member for Everytown for Gun
Safety and was an early investor in Amazon.com, Inc.
Resources: Past
Research
Amazon ‘Key’ Service Lets
Delivery Drivers Enter Your Home When You’re Not There (Past Research on Amazon)
WEDNESDAY,
OCTOBER 25, 2017
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