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Amazon has started notifying its employees affected by its new round of layoffs, as a part of its plan to reduce its headcount by around 18,000 people, the media reported
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The company has announced the elimination of over 18,000 roles across the globe due to uncertain economic conditions
E-commerce company Amazon plans to lay off around 1,000 employees in India as part of its biggest retrenchment exercise across the globe, according to sources. The company has announced the elimination of over 18,000 roles across the globe due to uncertain economic conditions. "The decision to eliminate 18,000 job roles across the globe will impact about 1,000 employees in India," the source said. Another source said Amazon has 1 lakh employees in India and the decision will impact 1 per cent of staff in the country. When contacted, an Amazon India spokesperson did not offer any comment but shared the blog link of Amazon CEO Andy Jassy where he has informed the company's decision to eliminate 18,000 roles across the globe. "Between the reductions, we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles. Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organisations," Jassy said. As of
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The job cuts - about 80 per cent higher than earlier estimates - are part of Amazon's annual operating planning review process
Layoffs that began in 2022 are accelerating across some technology companies
The reduction is concentrated in the firm's corporate ranks, mostly Amazon's retail division and human resources functions like recruiting