At the beginning of the year, 16,000 workers lost their jobs, Amazon cut costs to reduce costs! What is the impact on India?

At the beginning of the new year, the environment of panic again in the information technology sector. Amazon will lay off about 16,000 workers tomorrow, January 27! An all India media report has claimed so. It was heard a few days ago that the company is going to lay off about 30,000 workers this year. It is believed that this layoff on January 27 is part of that. According to experts, as a result, Amazon’s team in India will be in big trouble.

According to the All India media report, Amazon may announce more layoffs in the coming days. It is feared that this may put the company’s existing teams in India at a disadvantage. According to the sources, the number of employees may be reduced in important Amazon divisions such as Amazon Web Services and Prime Video. Amazon laid off about 14,000 white-collar workers in October last year. That continuity still holds.

It is good to say that in 2022, this company employed about 27,000 workers. Then in 2023 they laid off 30,000 workers in one fell swoop. Amazon hires huge staff to maintain online services in Corona situation. But in the current situation, the organization considers it a ‘burden’. As a result, this e-commerce company is going to walk the path of huge staff reduction to handle the cost pressure and keeping in mind the current situation.

Although Amazon talks about cost savings, it is believed that artificial intelligence or AI is behind it. A recent report claims that Jeff Bezos has started pouring huge sums of money into AI research. Not just Amazon, several companies including Flipkart have gone on the path of employment in the past few years. Even Tata Consultancy Services, India’s largest IT firm, has gone on the path of layoffs. Employment is facing serious challenges with layoffs in one organization after another.