Tech layoffs: Amazon may reportedly fire 500 people in India as part of global job cuts
Those who haven't been sacked from the seller support department, have been moved to other verticals in the company.
Although the global tech landscape is gloomy because of layoffs that just aren't slowing down, IT professionals in India have been relatively insulated from the bloodbath. But with the presence of global giants in the country, layoffs were bound to spill over into India, and while Amazon has already had two rounds of job cuts, it isn't done yet.
The e-commerce giant is reportedly firing 500 people to trim down its staff in India, across departments including AWS and Human Resources.
Either sacked or moved across departments
The exit of hundreds of Indians from the firm, is part of additional layoffs announced in March, as per an Economic Times report.
Those who haven't been sacked from the seller support department, have been moved to other verticals in the company.
The Amazon Digital Kendra may also be revamped and launched again, after the workforce is trimmed down.
ALSO READ
Major restructuring in the works?
The firm has already pulled the plug on its edtech, wholesale and food delivery arms in India, and now it reportedly plans to shut down seller onboarding support in Kochi and Lucknow, among other tier 2 cities.
AWS is also going to face further heat, since businesses using the cloud service will cut down spending as the global recession gets worse.
But beyond all those concerns, Amazon's key e-commerce business has also witnessed a slowdown in India.
RECENT STORIES
-
Daily Horoscope for Thursday, May 02, 2024, for all zodiac signs by astrologer Vinayak Vishwas... -
MP: Two Kids Injured After A Mobile Phone Explosion in Khaira Village, Satna -
MP Lok Sabha Elections: Collector, SP Hold Chaupals, Urge People to Cast Votes -
MP: Scuffle Over Water Collection in Shivpuri Leaves Two Injured -
MP: Three Marriage Gardens Declared Unauthorized for Non-Payment of Garbage-Collection Tax in Sagar