India: Amazon Winds Down Parts Of Operations/Distributions; Likely To Sack Hundreds
New Delhi: Amazon is shutting down Amazon Distribution, the company’s wholesale e-commerce website that caters to small neighbourhood stores in India.
Amid an exercise to wind up certain verticals as part of global exercise to cut costs, Amazon on Monday announced to shut down its wholesale distribution business in India.
The e-commerce major is discontinuing Amazon Distribution, its wholesale e-commerce website available in some parts of Bengaluru, Mysore and Hubli.
The company earlier shut down its food delivery and online learning platform called Academy in India.
Globally, Amazon plans to cut about 10,000 jobs, its largest ever headcount reduction, people familiar with the matter have said. It has projected the smallest revenue increase ever for its holiday quarter, and Jassy had put in place a hiring freeze on some corporate roles and shut down several experimental and smaller programs.
The company has denied laying off people in India.