Economy · India
Amazon cuts nearly 1,000 jobs globally, including 106 in India
Amazon has confirmed job cuts affecting fewer than 1,000 employees globally, with 106 individuals impacted in India. These reductions follow larger layoffs of 30,000 jobs last year. The cuts are occurring as CEO Andy Jassy plans a $220 billion investment in Artificial Intelligence and the company restructures its Stores business. Employees have reportedly expressed concerns on Slack regarding severance, job security, and medical leave following the fresh cuts.
How outlets across the spectrum covered it
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- Centre (2): Mint, The Hindu BusinessLine