Amazon Likely To Hire 1.32 Lakh Indian Employees, Despite of 27,000 Layoffs
Amazon has made massive global layoffs by firing its 27,000 employees this year. Despite this, Amazon is reportedly to announce 1.32 lakh jobs in India.
Over the past six months, Amazon has been in the news for its significant job cuts and restructuring efforts, impacting thousands of employees globally.
However, amidst these layoffs, the company has recently announced its plans to hire a considerable number of employees in India.
List of Amazon Layoffs 2023 Events
- November 2022: Reports emerged stating that Amazon was planning to lay off around 10,000 people in corporate and technology roles.
- December 2022: Speculations suggested that the number of job cuts could be double the initial estimate, potentially affecting 20,000 employees worldwide.
- January 2023: Amazon CEO Andy Jassy confirmed that over 18,000 jobs would be cut, marking the largest-ever layoffs in the company’s history.
- January 2023: It was reported that around 1,000 employees in India, which accounted for 1% of Amazon’s workforce in the country, would be laid off.
- March 2023: The second phase of layoffs was announced, with an additional 9,000 jobs to be cut, bringing the total number to 27,000.
- April 2023: Amazon announced the closure of its fitness-tech division, Halo, leading to further job cuts.
Amazon Likely To Announce 1.32 Lakh Jobs In India
Despite the massive global layoffs, Amazon revealed plans to hire approximately 1.32 lakh (132,000) full-time equivalent jobs annually in India.
This announcement came alongside news of the company’s intention to invest $12.7 billion in India by 2030, primarily through its cloud computing division, Amazon Web Services (AWS).
Despite the global job cuts at Amazon, the company is actively looking to expand its workforce in India. This decision reflects Amazon’s belief in the potential for growth in the Indian market, especially considering the challenges faced by tech companies in the United States.
India is rapidly emerging as a powerhouse for startups, entrepreneurship, and overall economic development.
Moreover, many tech companies recognize the exceptional talent, dedication, and integrity of Indian employees.
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Therefore, Amazon’s focus on hiring in India demonstrates its strategic approach to leverage the country’s thriving e-commerce and technology sectors for long-term success.