Amazon India Lays off Employees

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Latest Startup News- Entrepreneurs of India

Ecommerce major Amazon India started laying off its employees as part of global restructuring. The company has laid off 60 employees.

According to reports, there may be more layoffs across teams as the company put 25% more employees on so-called performance improvement plans (PIPs) in the December quarter as compared with a year earlier.

“As a global organisation, we have recognized the need to organize our teams to keep us agile and help us use our resources optimally. This has impacted a small number of roles within the company and we are providing complete support to the impacted employees, including the option of relevant internal postings and outplacement services,” a company spokesperson said.

The company also said it continues to hire for multiple roles and currently has 4,000 job openings in the country, including several from previous years.

The layoffs are part of Amazon’s new strategy to deploy resources into high-growth and potential areas.

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