• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 21, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Amazon India starts layoffs, 5 months severance to be paid

by Prity Khanal
January 13, 2023
in News, Tech
Reading Time: 2 mins read
0
Amazon India starts layoffs, 5 months severance to be paid
TwitterWhatsappLinkedin

Andy Jassy, the current CEO of Amazon, has declared layoffs. Jassy claimed that reductions would affect more than 18000 personnel, the majority of them from India. Previous speculations said that Amazon may fire up to 1000 staff in India from several areas, including tech, human resources, and many others.

You might also like

Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

 

It seems that the tech company has decided to lay off workers worldwide, including in India. Jassy claimed in a blog post from last week that the business will approach impacted workers after January 18.

 

Many affected personnel have used social media networks like Twitter and LinkedIn to disclose that they have been fired and are searching for new jobs as Amazon’s reductions began.

According to people familiar with India Today Tech, reductions have impacted a variety of divisions that operate out of facilities in Bengaluru, Gurugram, as well as other locations. The most affected teams are the ones that suffer losses. Both new workers and seasoned staff are included in the laid-off staff.

 

The affected employees have received an e-mail from Amazon notifying employees that they are being fired. Our sources suggest that the email requests the individual to contact the leadership group on a specific date to gather additional details about the scenario.

 

Elon Musk’s Twitter is deliberately ignoring the firm’s commitment to providing 5 months severance package made in the same email. The majority of the former Twitter workers terminated by Elon Musk a year ago are reportedly awaiting details on their compensation. Some staff are unhappy with the firm’s payout method upon receiving severance mail that did end up in their junk folder.

 

Job cuts at Amazon have recently begun and are predicted to continue for another few weeks. The Amazon CEO claimed in a blog article published last week that the company recruited too many individuals during the outbreak and will have to terminate thousands of staff in the following weeks.

 

“This year’s review has been more difficult given the uncertain economy and that we’ve hired rapidly over the last several years,” the Amazon CEO noted in the official blog post.

 

“We plan to eliminate just over 18,000 roles. Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organizations,” Jassy wrote in the blog post. As some relief to impacted employees, Jassy promised to offer severance pay, health benefits, and other necessary support to impacted employees.

 

“S-team and I are deeply aware that these role eliminations are difficult for people, and we don’t take these decisions lightly or underestimate how much they might affect the lives of those who are impacted. We are working to support those who are affected and are providing packages that include a separation payment, transitional health insurance benefits, and external job placement support,” the Amazon CEO wrote in a blog post.

 

Many of the affected Amazon India staff have used LinkedIn and Twitter to spread the news and search for new employment options. The technology company has also removed full-time work offers, putting the applicant without any work at all. Meanwhile, Meta announced withdrawing full-time contracts and suggested that recruiting will be limited throughout 2023.

 

Tags: #andy_jassy#delivery_platform#employees_layoff#employeesfired#layamazonamazonindiae-commerce
Tweet54SendShare15
Previous Post

American Airlines stock rises on increased Q4 profit forecast

Next Post

World’s 6th Richest Man Gets Pulled Over For Speeding On His Own Island: Report

Prity Khanal

Prity is a content writer whose passion lies in writing to inspire others. She specialises in the field of law. With a curious mind and love for research and proficiency in creating informative narratives, she has specialised in tech, crypto, and is up-to-date with current market changes and flexible in various other fields.

Recommended For You

Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

by Thomas Babychan
June 21, 2025
0
Apple in Early Talks to Acquire Perplexity AI, Its Largest Deal Yet

In recent weeks, Apple has been engaged in private discussions about a potential acquisition of the AI search startup Perplexity, according to sources familiar with the matter. These...

Read more

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

by Harikrishnan A
June 21, 2025
0
Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Eutelsat, the European satellite company, made headlines this week as its stock surged an impressive 31% on Friday. The rally came right after the company announced it had...

Read more

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

by Harikrishnan A
June 21, 2025
0
Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

In a courtroom in Piraeus, Greece, silence quickly turned to shock when three police officers stepped forward, handcuffed a 59-year-old man, and led him away. Moments earlier, the...

Read more
Next Post
World’s 6th Richest Man Gets Pulled Over For Speeding On His Own Island: Report

World's 6th Richest Man Gets Pulled Over For Speeding On His Own Island: Report

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?