1,000 Indian staff of Amazon set to lose jobs as a part of etailer’s global plan
- IBJ Bureau
- Jan 07, 2023
A report said on Friday that Amazon India would lay off 1 per cent of its workforce in the country as a part of the global layoffs announced by the Seattle-headquartered e-commerce giant.
Around 1,000 Amazon India employees would be impacted, reported the CNBC TV-18, quoting sources.
Amazon.com’s layoffs would now include more than 18,000 roles as part of a workforce reduction it had previously disclosed, Chief Executive Andy Jassy had said in a public staff note on Thursday.
The layoff decisions, which Amazon would communicate starting January 18, would largely impact the company’s e-commerce and human resources organisations, he said.
The cuts amount to 6 per cent of Amazon’s roughly 3,00,000-person corporate workforce and represent a swift turn for a retailer that recently doubled its base pay ceiling to compete more aggressively for talent.
They also show how layoffs continue to shake the technology sector. Amazon's layoffs now surpass the 11,000 cuts announced last year by Facebook parent Meta Platforms, underscoring the retailer’s slide from an essential business moving goods during pandemic lockdowns to a company that overbuilt for demand.