BusinessMarketsAmazon Announces Layoffs of 1,000 Employees in India

Amazon Announces Layoffs of 1,000 Employees in India

Amazon India
Amazon India – Hyderabad Campus

Amazon (NASDAQ: AMZN) has announced that it will be eliminating over 18,000 jobs globally due to uncertain economic conditions. According to a source, this decision will impact around 1,000 employees in India, representing about 1% of Amazon’s total staff in the country, which is estimated to be around 100,000 people.

Amazon CEO Andy Jassy explained in a blog post that the majority of the job eliminations will be in the company’s Amazon Stores and PXT organizations. This move follows a voluntary reduction offer for some employees in the people, experience, and technology (PXT) organization that was announced in November, as well as the elimination of positions across Amazon’s devices and books businesses.

As of December 31, 2021, Amazon employed approximately 160,800 full-time and part-time staff. The company’s decision to eliminate these 18,000 job roles will likely have a significant impact on its global workforce, which has been impacted by the challenges posed by the ongoing COVID-19 pandemic. Many businesses have had to adapt to changing market conditions and consumer behavior, and Amazon’s move to reduce its workforce is a reflection of the uncertainty that continues to plague the global economy.

Despite the challenges that it has faced, Amazon has remained one of the most successful and innovative companies in the world, consistently expanding its operations and introducing new products and services. However, the company has also faced criticism for its business practices and treatment of employees, and the decision to eliminate these 18,000 jobs is likely to fuel further scrutiny of the company’s operations.

Overall, Amazon’s decision to eliminate over 18,000 jobs globally is a reflection of the ongoing uncertainty that continues to plague the global economy, and the challenges that businesses of all sizes are facing as they navigate the ongoing recession. It remains to be seen how this move will impact the company’s operations and workforce in the coming months and years, and whether it will be able to maintain its position as a leader in the global e-commerce and retail space.

Anjali Arora
Anjali Arora
A journalist with over 3 years of experience in the news industry. I have a deep understanding of the financial markets and a passion for staying up-to-date on the latest developments in the tech industry. In my articles, I expertly cover a wide range of topics, from stock market analysis to groundbreaking technology to general news.


Please enter your comment!
Please enter your name here

Share post:



More like this

Income Tax Slabs 2023-24 – New Tax Slabs

Income Tax Slabs 2023: The Indian government announced a...

Elon Musk’s Latest Social Media Move: Making his Twitter Account Private for a Day

Elon Musk, the CEO of Tesla and SpaceX, recently...

Mukesh Ambani surpasses Adani as richest Indian, thanks to Hindenburg report.

The Forbes Real-time Billionaires list has recorded a significant...

Centre will recruit 38,800 teachers – FM: Union Budget 2023

Union Finance Minister Nirmala Sitharaman delivered her Union Budget...