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Amazon will lay off 18000 employees, Is this the heat of recession?
Amazon: Amazon is going to lay off 18,000 employees. Yes, whether it is called recession or the way of spending the company, it is absolutely true that e-commerce company Amazon is going to lay off its employees. The CEO of the company himself has said that the company is going to lay off 18,000 employees to cut costs. Earlier this figure was being told as 10000, but later it was increased.
How much can be the size of employee retrenchment in India?
About 4 lakh employees are working in Amazon e-commerce company. Amazon will have about 18000 employees in its entire company wherever it is working in the country, in which the number of employees working in India can be more than 1000. Amazon CEO Andy Jassy has said that the impact on business has made layoffs necessary to reduce the company’s costs. The employees who will be fired will start getting information about it from the middle of January.
Which post and sector will be affected?
Amazon News: Amazon is a well-known e-commerce company that works at the world level, the month of March is about to start, at this time employees are looking forward to promotion, and getting this news at this time is for any company’s employees. It would be very sad news. Covid-19 shook the whole world like this. Many companies held the hands of the employees in that situation, while some took their hands away. Even after dealing with an epidemic like Covid-19, some companies are laying off employees to reduce costs, meanwhile, Amazon may also lay off employees of its store operations, HR and its associated tech team.
Amazon Layoffs: There may be retrenchment from January 18
E-commerce company Amazon has prepared to lay off thousands of employees. laying off 18,000 workers. From January 18, information about this will start getting to those employees who are related to it. According to the company, it is reducing about 6 percent of its employee base. According to media reports, the company has started the process of retrenchment from the month of November 2021 itself. At that time, the company had talked about retrenchment of 10,000 employees, but now it has been increased to 180,000.
Amzone: Amazon is about to retrench its employees, has assured them that the employees who will lose their jobs will be provided all possible help from the company. It has been said on behalf of CEO Andy Jesse that the employees who will be laid off will be given 24 hours notice and severance pay. Apart from this, the company also assured that they would be helped in finding a new job. But the employee believes that the help can be as much as not getting wet in the rain without an umbrella.
What happens to the severance pay that Amazon will give to its employees?
Salary, compensation and allowances received under the joining conditions at the time of removal of employees from companies are called severance pay. The founder of Amazon company was Jeff Bezos On July 5, 2021, Bezos stepped down as CEO and President of Amazon. The current CEO of Amazon is Andy Jassy, head of the cloud computing division.
