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Amazon India layoffs around 500 employees across different verticals

Amzaon laysoff: Amazon has fired 18,000 employees earlier this year. Not only this, at the beginning of the year, it was announced to remove 9,000 more employees.

By Ruchi Upadhyay 
Updated Date

New Delhi: E-commerce platform Amazon is laying off its employees working in India on a large scale. For your information, let us tell you that only last month the company had announced that it would lay off people on a large scale. The company has started laying off employees working in India in various businesses including human resources and support functions. A company source told that Amazon has fired 500 employees so far. This process continues even further.

Also Read :- AWS India head Puneet Chandok resigns, Vaishali Kasture will take over the responsibility

So far 9,000 employees have been affected by this retrenchment. Apart from this, the retrenchment is still going on. Company sources said the company had shut down an Amazon digital center of the seller support function and employees working in the division have been removed or transferred to other places of business.

Company has fired 18,000 employees
The company has closed part of the onboarding operations in Kochi and Lucknow city. According to the information, Amazon will give a new look to the digital center and launch it again. This is the second round of layoffs in Amazon in recent months. The company had initially announced that around 18,000 employees would be laid off. The company spun off several businesses in India, including its edtech, food delivery and wholesale distribution businesses, late last year.

Big crisis of layoffs on Amazon
Amazon CFO Brian Olsavsky told analysts that growth from its cloud business AWS will slow. Because its business customers are bracing for turbulence and getting locked out on spending. The growth of Amazon’s e-commerce business in India is slowing down. Amazon had earlier said that the company is laying off due to the uncertain economy and the uncertainty present in the near future.

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