After over-hiring, Amazon to lay off 20,000 employees in coming months: Report

Amazon is planning to size down its workforce by laying off 20,000 employees in the coming months reportedly after over-hiring during the pandemic. A report published in Computer world claimed that the e-commerce giant’s employees are ranked from level 1 to level 7, and the decision is going to affect all the levels. The layoffs plan includes centre workers, technology staff and corporate executives.

The report states that company managers have been told to identify work performance problems among employees. Amazon has a 15 lakh workforce, including global distribution centre and hourly workers. Thus, if the company undertakes the layoff, it would be the largest staff reduction in the company’s history equivalent to about 1.3 per cent of its total workforce.

“There is a sense of fear among employees in the company as the news has come out,” the report cites a source. It adds that the corporate staff have been told that employees will receive a 24-hour notice and severance pay.