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Amazon is in the process of laying off approximately 500 employees in India from various businesses and functions, according to the reports. The layoffs are reportedly affecting Amazon Web Services (AWS), as well as human resources and support functions. According to the same report, these job cuts are part of the 9,000 announced in March 2023.
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CEO Andy Jassy announced in March that Amazon would be cutting approximately 9,000 jobs from its cloud services, advertising, and Twitch units due to concerns about a potential recession. This announcement came just weeks after the company laid off roughly 18,000 employees. In a memo to staff, Jassy stated that while Amazon had significantly expanded its workforce in recent years, the current economic uncertainty necessitated cost and headcount reductions.
Amazon CEO Andy Jassy announced in a memo to staff that the company would be reducing costs and headcount due to the uncertain economy. This decision was made after the company had added a substantial amount of staff in recent years. Jassy explained that the company had chosen not to announce the role reductions at the same time as the previous layoffs due to some teams not being finished with their analyses at that time. Instead, the company chose to share the information as soon as possible.
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As part of its larger cutbacks, Amazon.com Inc. laid off approximately 100 employees in its video-game divisions in April. This affected workers at the Prime Gaming, Game Growth, and San Diego studio locations.
In April, reports indicated that Amazon.com Inc. would be reducing the number of shares it intends to offer employees as part of their 2025 compensation. A memo cited by Insider noted that Amazon may be considering a change to its pay model, with the aim of providing staff with more cash to compensate for any potential decline in the company’s stock price.
