New Delhi: In the shadow of recession, the largest e-commerce company Amazon has announced a big order. This has increased the concern of the employees working in the company. Amazon is going to do a big layoff in the first month of 2023. The company plans to outsource 18,000 employees, a process that is set to begin on January 18. Earlier 10 thousand employees were asked to be removed. However, it has now been decided to lay off 18,000 employees.
The layoffs will begin on January 18
Amid the growing threat of a recession on the world economy, the retrenchment process is long overdue. Now the giant e-commerce company Amazon has prepared to fire thousands of employees (Amazon Layoff). The layoffs, effective January 18, 2023, have been ordered by the company’s Chief Executive Officer (CEO) Andy Jessee through a public staff note. After this the employees are worried that their name is not in the list.
More impact on these departments
According to a report, online retailer Amazon has said it may lay off more than 18,000 employees. According to a note shared by CEO Andy Jesse, the biggest layoffs will affect employees working in the company’s e-commerce and human resources (HR) departments. Affected employees will be contacted by the company from January 18. Giving reasons, JC said in the note that this is a difficult decision to make given the uncertain economy, while we have hired people rapidly over the past several years.
in employees 6%No reduce
The 18,000 layoffs in the company are about six percent if we look at the corporate work force. The number of this work force in Amazon is around three lakh. Amazon has also blamed rising inflation and increase in input costs for the layoff decision. Although the e-commerce giant had already announced this, it was later asked to remove around 10,000 people, but now it has been increased to 18,000. According to a report, the company has started the retrenchment process since November last year. After the announcement of these layoffs, Amazon has also assured help to the affected employees. The CEO said that the employees who will be laid off will be given 24 hours notice and severance pay. He said, ‘Aggrieved employees will be paid a separate compensation package. Apart from this, they will also be helped in finding health insurance and new jobs.
Will the retrenchment process continue?
Amazon CEO Andy Jessee also hinted that such layoff decisions could be taken further. He said that right now the company is going through a very difficult phase and such tough measures can be taken further till the cloud of uncertainty in the business clears.