Amazon may lay off 20,000 employees, higher management may also lose jobs

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Amazon

New Delhi: E-commerce company Amazon may lay off a large number of employees in the coming days. Earlier it was estimated that about 10 thousand employees of the company would be fired, but now according to the coming news, the number of employees to be fired could be up to 20 thousand. The company will reduce the number of employees in many of its departments and Amazon will also show the way out to big executives.

According to a report in India Today, Amazon CEO Andy Jesse recently confirmed that the company is going to lay off employees in the coming months. However, he did not say how many employees the company would lay off. In November, The New York Times reported that the company was planning to lay off 10,000 employees. Significantly, Facebook’s parent company Meta had retrenched employees in the past. Apart from this, many other companies have fired employees.

The company will remove 20 thousand employees
In a recent report, it has been claimed that the company will lay off not 10,000 but 20,000 employees. Amazon is planning to lay off people at all levels, including the most senior positions. Company managers have been asked to assess the work of the employees so that Amazon can start the process of laying off about 20,000 people. The company will lay off 6 percent of the employees in its corporate staff. About 1.5 million employees work in Amazon. Will remove employees from the distribution center, technology staff, and corporate executive department. This retrenchment from the company will happen in the coming months.

Amazon

Employees in panic
After the news of retrenchment came out, there is an atmosphere of fear among the employees of the company. If sources are to be believed, the corporate employees have already been alerted that 24 hours’ notice and service will be paid to the affected employees. The reason behind the retrenchment has been revealed so far, which over-hiring during the Kovid epidemic is being attributed. To manage the decline in the company’s income, it is also reducing the number of employees.

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