Amazon CEO on Wednesday Andy Jesse on the official website of the company public staff note Issued in which it has been said to remove 18 thousand employees from the company. The company will start laying off employees from January 18, it said. The note states that this will have a major impact on the company’s e-commerce and human resource organization. Along with this, the unstable economy has also been cited.
About 3 lakh employees work in the corporate section of Amazon. According to this announcement of retrenchment, now 6% of the employees of this sector will be removed from the company. The company recently doubled its base pay to hire more talented staff. After Walmart Inc, it is the second largest company in America with a total employee base of over 1.5 million. This also includes warehouse staff. The company has cited low growth. About which the company has said that due to rising inflation, consumers have started reducing the expenditure. At the same time, the share price of the company had also fallen to half the price last year.
Earlier in November, Amazon also 10 thousand employees was announced to be fired. While announcing the reduction of its 10,000 employees, the retail company had said that due to the decrease in sales, the pressure on the company to reduce costs has increased. On the other hand, the global recession was cited even then. Amazon, with a workforce of over 1.5 million, has now increased the number of employees to be fired from 10,000 to 18,000.
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