Amazon job cuts: E-commerce giant lays off Indian techies in the US – Times of India

Amazon has reportedly started laying off employees across the US as a part of the “largest job cuts in the company’s history”. After Meta and Twitter, the e-commerce giant might be planning to reduce 10,000 employees from its workforce. Amazon has reportedly offered two months period for its employees across the US to find some other job internally or accept the severance payment. Mass layoffs in the company’s device sectors have also affected several Indian employees. The company is also planning to include its retail and HR divisions to meet its target of 10,000 job cuts.
Amazon lays off Indian techies in the US
Among the affected employees were multiple Indian-origin techies who were reportedly working in the US with an H1-B visa. One of them was Saurabh Vaidya who was a part of the Alexa Privacy team and was working as an Applied Scientist at Amazon’s Greater Seattle office.

The former Amazon employee updated his LinkedIn account to confirm that the company has sacked him and is in urgent need to find a new job in the US. Vaidya, who started working for Amazon as an intern in June 2020, also noted that the company has laid off his entire team.
Apart from him, several other employees also took to LinkedIn to share their stories and look for new jobs. Some of them also mentioned having limited time to search for and get a new role in the country due to their immigration status.
Amazon job cuts: How has it affected the company
Amazon is planning to cut 10,000 jobs which make up nearly 3% of the company’s 3 lakh-plus corporate workforce. The company’s market value also went down by 2% after the layoff news came out.

Other major tech giants including Apple, Meta, Twitter and others have either announced layoffs or have stopped hiring due to the ongoing economic downturn. Reduced consumer spending, increase interest rates and a spike in worldwide inflation are all reasons for this economic crisis.