Photo for representation
US tech giant Amazon is laying off another 500 employees in India across different businesses including Amazon Web Services and more such sackings could be in line as the company said the process is “ongoing.”
Some Amazon’s onboarding functions in tier-2 cities such as Kochi and Lucknow have also been shut down as a part of the restructuring, according to a report in the Economic Times.
This is the second round of layoffs at Amazon in recent months after all tech giants took a hammering in the stock markets worldwide.
This fresh round of layoffs is part of the wider downsizing announced by Amazon CEO Andy Jassy in March, impacting 9,000 employees.
The tech giant had announced in January that it would sack around 18,000 employees globally to cut costs.
Prime Minister Narendra Modi received a telephone call from the Prime Minister of Israel, Benjamin…
Israel Prime Minister Benjamin Netanyahu has held talks with world leaders, including Prime Minister Narendra…
Moscow hosted high-level talks between Russian Foreign Minister Sergey Lavrov and his Belarusian counterpart, Maksim…
British High Commissioner to India, Lindy Cameron, held a meeting with Prime Minister Narendra Modi…
Director of Public Health, Odisha, Dr Nilakantha Mishra, said on Friday that there is a…
India on Friday expressed deep concern over the recent developments between Iran and Israel and…