Amazon Begins Big Layoffs – Here are the Details!! Leading e-commerce platform Amazon has started implementing layoffs this week. As previously reported, Amazon is expected to lay off around 10,000 employees. Commenting on the layoffs, hardware chief Dave Limp said, “After various reviews, we have decided to consolidate certain teams and programs.
He said that some roles will no longer be needed due to this. The company has mentioned that these layoffs are particularly likely to occur in the Devices and Services segment. The layoffs are the largest in Amazon’s history, accounting for 3 percent of its workforce. In particular, reports suggest that Amazon’s layoffs will affect Indian employees as well.
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It is expected that the jobs of 100 people will be affected in India. Severance pay, transitional benefits, and external placement support are reported to support transition in cases where employees cannot find a new role in the organization now. Like Amazon, Meta has also announced thousands of layoffs.