Business Business

Amazon | Amazon is now closing this business in India, hundreds of employees will be unemployed

Amazon Layoff

File pic

new Delhi : Amazon, the world’s largest and American giant tech company, has a very wide business in India. Due to the ongoing recession in the market since Kovid 19, Amazon has been making big decisions continuously. While on the one hand, the retrenchment process of 10,000 employees was started recently, on the other hand, Amazon has decided to close many of its businesses as well.

Why is business closing in India

The Amazon company has recently decided to discontinue its food delivery and education services as well. This is because Amazon had invested heavily to establish business in the FMCG sector in India. But he did not get any special benefit in this sector.

Because the company is dominated by companies like Reliance Industries, Walmart, Flipkart and Tata Group. This is the reason why Amazon did not get much profit in the FMCG sector. Because of which Amazon has now decided to close this sector in India.

read this also

Retrenchment of 10 thousand employees

Significantly, slow growth has been seen in many places in Amazon’s business worldwide. Because of which Chief Executive Officer Andy Jassy is cutting expenses and jobs worldwide. Amazon has more than 1.6 million employees worldwide. According to the information, the company has started the retrenchment process of 0.6 percent i.e. about 10,000 employees.

Source link

Find our other website for you and your needs

Kashtee A shayari,Jokes,Heath,News and Blog website.
Your GPL A Digital product website
Amazdeel Amazon affiliated product website.
Job Portal A Job website
Indoreetalk Hindi News website
know24news A auto news website in English and Hindi.
Q & Answer website A website for any query and question.
Quotes A Christmas Quotes.
New Year QuotesNew Year Quotes
Cricket News website A website for cricket score online and upcoming matches.
Government job A Government job announcement portal.
Gaming Information Website A website for Gaming lover.
international news Website A website for News lover
Normalpost A guest post website and Blog website.
Sniper Gun Adventure World game A Game for your entertainment.
A news website A Game for your entertainment.
Bollywood and Hollywood news A website Bollywood and Hollywood viral news .
Health Tips Website A website for Health related issue and some idea for health .
Share Market Website A website for share market news and some viral news related to IPO, Currency, Commodity market, Banking and finance.
Baby care Product website A website for your baby product.
Technology Website A website for new launching technology and mobile also gadgets Website.
International News information Website A website for News Lover.
Cheap Hosting Website A website for who want to search a cheap hosting for their website and blog.

Related posts

Swiggy | Swiggy earns bumper on ‘New Year Eve’, sales in crores from Biryani to Pizza


Air India-Vistara Merger | Vistara to merge with Air India, Singapore Airlines to hold 25.1 per cent stake


CNG Price Hike | Driving a ‘Gaadi’ in Delhi has become expensive! CNG prices increased again from today, know here today’s ‘rate’


Leave a Comment