Over 18,000 employees to be laid off: Amazon
CEO Andy Jassy cited uncertain economic conditions and rapid hiring in an email to staffers
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Published: Jan 5, 2023 11:27 AM | 1 min read
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Amazon has announced that it will be laying off over 18,000 employees. The exercise will start from January 18, the ecommerce giant's CEO Andy Jassy said in an email sent to the staff, media reports stated.
He cited uncertain economic conditions and rapid hiring as reasons for the move.
As per Jassy, Amazon Stores and PXT organisations will bear the major impact of the layoffs.
Late November, Amazon India informed the labour ministry that it has not fired any employee but relieved those who opted for the separation programme and accepted a severance package.
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