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Amazon may lay off 20,000 employees: Report

Nepalkhabar

Nepalkhabar

 |  Kathmandu

Amazon, a multinational giant company, may now lay off 20,000 employees in the coming months across various departments, Business Standard reported.

Employees from all the rankings in the company, from Grades 1 to 7, are expected to be affected by the layoffs, a report by Computerworld said.

In November, the New York Times (NYT) reported that Amazon may lay off up to 10,000 employees.

In the last few days, the company has reportedly asked the managers to identify employee performance problems. As many as 20,000 employees would amount to nearly 1.3 per cent of Amazon's total workforce of 1.5 million globally. This includes non-permanent workers, too.

Business Standard could not independently verify the report.

Amazon's employees will receive a 24-hour notice and severance pay if they were laid off. It would be the largest layoff in the company's history.



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