Amazon will once again lay off employees in India, know how many people will lose their jobs this time

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Amazon Layoffs: At present there is a huge shortage of jobs in India. Apart from this, on the other hand, the companies here are firing people. E-commerce giant Amazon is laying off employees in India. Explain that the company is preparing to lay off about 500 employees in the country. It was announced by Amazon CEO Andy Jassy in late March, affecting the company’s 9,000 employees worldwide.

amazon 18,000 will lay off employees

Seller onboarding function has been stopped in Kochi and Lucknow. However, Amazon’s sources have not given any reaction on this. Amazon is laying off employees for the second time in recent months. The company had said earlier this year that around 18,000 employees would be laid off. In November 2022, there was news that Amazon would remove many jobs from India under its global plan.

Amazon has closed many of its businesses in India.

Amazon is still a growing company. One of its largest sellers, Appario, is transferring inventory to a new seller to comply with regulations in India. Last year, Amazon spun off several businesses in India, including its food, delivery, edtech and wholesale distribution businesses.

Layoffs underway at Amazon

Let us tell you that in January last year, the company had laid off employees in many of its offices including Gurugram, Bengaluru. Most of the layoffs have come from loss-making divisions. Most of the IT companies are in trouble due to the economic slowdown. Due to the fear of global recession, many other companies are also engaged in retrenchment of their employees.

Significantly, the economic crisis that started at the end of the year 2022 has engulfed the whole world. Its effect can be clearly seen in India as well. Cities like Bangalore, Hyderabad, Gurugram, Pune are considered IT hubs where lakhs of youth get employment. At least 36,400 people have become jobless in India in the last few months due to rapid layoffs in large companies. Laoff.fyi. According to the report, many companies have laid off 100 percent of their employees. Which includes the names of companies like Lido Learning, Superlearn and Gonuts.