Amazon Plans To Lay Off 1,000 Employees or 1% Of Staff In India: Report

edited by: Mohammad Haris

Last Update: January 07, 2023, 09:42 AM IST

Amazon has around 1 lakh employees in India and this decision will affect 1 percent of the employees in the country.

Amazon has around 1 lakh employees in India and this decision will affect 1 percent of the employees in the country.

This is part of Amazon CEO Andy Jassy’s recent decision to cut over 18,000 jobs globally from its workforce starting January 18.

E-commerce company Amazon is planning to lay off around 1,000 employees. India as part of its biggest-ever layoff exercise worldwide, according to a PTI Report good. Around 1,000 employees in India will be affected by the decision to eliminate 18,000 job roles worldwide, the news agency reported.

Most recently, Amazon CEO Andy Jassy said it would cut more than 18,000 jobs from its workforce starting January 18, citing an “uncertain economy” and the fact that the online retail giant has “expanded” during the pandemic. hired from”.

“Combining the cuts we outlined in November and the ones we’re sharing today, we plan to eliminate more than 18,000 roles,” JC said in a statement to its employees. The company had announced 10,000 layoffs in November.

According to the report, Amazon has about 1 lakh employees in India and this decision will affect 1 percent of the country’s employees.

The full statement from Amazon CEO Andy Jassy to employees:

As I shared back in November, as part of our annual planning process for 2023, leaders across the company are working with their teams and looking at the scale of their workforce, the investments they’re making in the future want to do, and prioritizing what matters most to customers. and the long-term health of our businesses. This year’s review has been more difficult given the uncertain economy and we’ve hired faster than we’ve seen in the past several years. In November, we made the difficult decision to eliminate a number of positions in our devices and books businesses, and also announced we have offered voluntary reductions to our people, experience and certain employees. technology (pxt) org. I also shared that we have not completed our annual planning process and I expect further role reductions in early 2023.

Today, I wanted to share the results of these further reviews, which lead to the difficult decision to eliminate additional roles. Between the cuts made in November and the cuts shared today, we plan to eliminate just over 18,000 roles. Several teams are affected; However, the majority of roles are in our Amazon Store and PXT organizations.

The S-Team and I are deeply aware that eliminating these roles is difficult for people, and we do not take these decisions lightly or underestimate how much they can impact the lives of those affected. We are working to support those who are affected and are providing a package that includes a severance pay, transitional health insurance benefits and external job placement support.

We generally wait to communicate about these results until we can speak to those who are directly affected. However, because one of our partners leaked this information externally, we decided it would be best to share this news first so that you can hear the details directly from me. We intend to communicate with affected employees (or with employee representative bodies where applicable in Europe) from 18 January.

Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so. These changes will help us pursue our long-term opportunities with a stronger cost structure; However, I am also optimistic that we will be inventive, resourceful, and unhappy in a time when we are not hiring en masse and eliminating certain roles. Long-standing companies go through different phases. They are not in heavy people expansion mode every year. We often talk about our leadership principle of invention and simplification in the context of creating new products and features. That’s going to continue to be pretty much all of the businesses that we’re following. But, we sometimes overlook the importance of the critical invention, problem-solving, and simplification that goes into figuring out what matters most to customers (and the business), where we best focus our resources and time. spend, find a way to do more. to customers at a lower cost (passing savings to customers in the process). Both of these types of invention and simplification really matter.

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