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Home » Amazon’s Big Shock! Hundreds of Indians will lose their jobs, new report will surprise you
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Amazon’s Big Shock! Hundreds of Indians will lose their jobs, new report will surprise you

Nisha ChawlaBy Nisha ChawlaNovember 29, 2022Updated:November 29, 2022No Comments2 Mins Read
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Amazon Layoffs: Next month, Amazon is going to lay off hundreds of people in India. The company is about to stop many operations. This thing has come to the fore in the latest report of Jobs Cut.

Amazon India: Hundreds of people will lose their jobs (file photo)

Image Credit source: AFP

In the midst of ongoing government investigation regarding retrenchment Amazon Jobs Another big news is coming about. It has been told in the latest report that Amazon is going to fire hundreds of people in India. This Amazon Layoff can be announced only next month. The e-commerce company is preparing to close many of its operations in the country. Result… Hundreds of people across the country will lose their jobs. Which businesses can be closed? Know what the latest report is saying?

According to a Bloomberg report, Amazon is planning to shut down the business of delivering empty goods in India, doorstep delivery of packaged consumer goods to small businesses. Both of these will be closed next month. Hundreds of employees associated with them will lose their jobs.

Amazon Academy closed, beta testing postponed

It has been told in the report that the company is also shutting down Amazon Academy, an online learning platform that prepares for JEE and NEET exams in India. Although it will take some time. Through this, children are prepared for engineering and medical entrance exams. Apart from this, the company has also postponed its beta testing project for some time.

This shocking report has come when the investigation of layoffs is already going on in Amazon. Significantly, a few days ago, Amazon had announced the removal of 10,000 employees from its offices around the world. It was also said that she will reduce people little by little, not at once.

It is being told that till now the company has not fired anyone. Rather, the employees themselves are being asked to resign. Amazon Employees have been asked to resign under the company’s Voluntary Separation Program (VSP). This will give them many benefits. Like- Basic pay up to 22 weeks (one week’s basic salary for every 6 months of service), medical insurance coverage up to 6 months. However, those who have been put in the Performance Improvement Program will not be able to sign up for VSP.

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Nisha Chawla
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She is an expert in Banking, Finance and working with an international bank. She sharing her ideas and knowledge with Business Khabar.

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