Amazon plans to lay off up to 20,000 employees, which is more than double the number previously reported. Amazon will lay off employees in several regions, including distribution center workers, technology staff, and corporate executives.
Amazon CEO Andy Jassy recently confirmed that the company is planning to lay off workers in several departments. He did not, however, reveal how many employees would be affected. Amazon the rival of Walmart owned Flipkart is facing backlash in India.
According to the cited source, company managers have been instructed to evaluate employee work performance so that Amazon can begin the layoff process of approximately 20,000 people.
The e-commerce behemoth which was once a startup would lay off 6% of corporate employees and roughly 1.3 percent of Amazon's 1.5 million workforce, which includes global distribution center and hourly workers.
#amazon #jeffbezos #startup #flipkart #business #finance #stockmarket
#sharemarket #innovation #ytshorts #amazonlayoffs #amazonjeffbezos #nifty #businessowner #casestudy #startups #marketing #digitalmarketing
Amazon CEO Andy Jassy recently confirmed that the company is planning to lay off workers in several departments. He did not, however, reveal how many employees would be affected. Amazon the rival of Walmart owned Flipkart is facing backlash in India.
According to the cited source, company managers have been instructed to evaluate employee work performance so that Amazon can begin the layoff process of approximately 20,000 people.
The e-commerce behemoth which was once a startup would lay off 6% of corporate employees and roughly 1.3 percent of Amazon's 1.5 million workforce, which includes global distribution center and hourly workers.
#amazon #jeffbezos #startup #flipkart #business #finance #stockmarket
#sharemarket #innovation #ytshorts #amazonlayoffs #amazonjeffbezos #nifty #businessowner #casestudy #startups #marketing #digitalmarketing
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