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HomeBusinessAmazon to lay off around 1,000 employees in India, here’s why

Amazon to lay off around 1,000 employees in India, here’s why

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E-commerce giant Amazon has plans to lay off around 1000 employees in India as part of its biggest retrenchment exercise across the globe, according to reports.

Amazon has announced 18,000 job cuts across the globe citing uncertain economic conditions. “The decision to eliminate 18,000 job roles across the globe will impact about 1,000 employees in India,” a source was quoted as saying by news agency PTI.

In India, Amazon has 1 lakh employees and the decision will impact 1 per cent of staff in the country, another source told PTI.

Meanwhile, Amazon CEO Andy Jassy has informed the company’s decision to cut 18,000 roles across the globe via a blog. “Between the reductions, we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles,” he wrote.

“Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organisations,” Jassy added.

Bindiya Bhatt
Bindiya Bhatthttps://thevocalnews.com
Founder and Editor-in-Chief at The Vocal News, Bindiya Bhatt is a journalist with over 15 years of experience in the media industry. Having covered nearly all beats in her career, she is an Automobile and Tech enthusiast who loves writing about cars, bikes, gadgets and more. She has done her Masters in Journalism and Mass Communication from IMS Noida.
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