Layoffs at Amazon India: In the past few weeks, Amazon India has participated in a bigger round of layoffs at the company, which has led to the termination of hundreds of employees. Amazon is engaged in a larger-scale process of eliminating jobs, and these layoffs in India are a part of that process.
According to allegations in the media, Amazon has terminated the employment of at least 500 employees across a variety of business verticals in India. The departments of Web Services, Human Resources, and Support are all laying off members of their personnel. The most recent round of layoffs at Amazon includes members of multinational teams situated in India. These individuals were terminated from their positions.
The most recent firings are a part of a larger round of layoffs that were announced in March by Amazon CEO Andy Jassy, which are expected to affect approximately 9,000 employees. In a message that was sent back in March, Jassy explained that the reason for the additional employment reductions was the conclusion of the second stage of the annual planning process that the company went through this month. This stage determined which aspects of the organisation should reduce costs. It has been determined that a number of factors, including a slowdown in the development of AWS revenues and the macroeconomic environment, were responsible for the layoffs.
Amazon CFO Brian Olsavsky advised investors in April that growth from the company’s cloud segment, Amazon Web Services (AWS), would decline even further as a result of the company’s corporate clients preparing for turbulent times and tightening expenditure constraints. During this time, CEO Selipsky emphasised that the reason for the reduction was due to the slow development of AWS’s income as well as the current state of the macroeconomic environment. He placed a strong emphasis on the significance of identifying and allocating resources to the most essential objectives that customers value, since this would be the primary driver of the expansion of the company.
Amazon has not published a statement regarding the job losses that have occurred in India. However, the company asserts that it is committed to “making the right decisions for our customers, our shareholders, and our employees.”
Similar to other internet businesses like Facebook parent company Meta and Google parent company Alphabet, Amazon intensified recruitment during the outbreak to meet the demand from homebound Americans who were increasingly purchasing items online to protect themselves from the virus. This was done to meet the need of other digital businesses like Google and Alphabet. The workforce of the corporation, which now numbers more than 1.6 million people and comprises both corporate and warehouse employment, more than doubled in size in the space of only two short years.