Amazon reduces headcount by 1 lakh

Story by  ATV | Posted by  Nakul Shivani • 1 Years ago
Amazon office
Amazon office

 

San Francisco

E-commerce giant Amazon has reduced its direct workforce by nearly one lakh, the largest sequential drop in its history.

The reduction has been primarily at its fulfillment centres and distribution network.

The company however, still employs over 15 lakh people, highest in the tech world.

According to Brian Olsavsky, Chief Financial Officer of the company, Amazon plans to become more cautious in its hiring at its headquarters and other facilities going forward.

 "I think it's right for people to step back and question their hiring plans. We're doing that, as well. I don't think you'll see us hiring at the same pace we did over the last year, or the last few years," he told reporters after the company declared its quarterly results.

The company in the last quarter had hired 27,000 people predicting a rise in demand due to the Omicron variant.

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But with the variant subsiding Amazon was left with a higher headcount position.