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Universal Times Magazine > Blog > E- Commerce > Amazon layoffs: Nearly 30 employees face job cuts in Buy with Prime unit
E- Commerce

Amazon layoffs: Nearly 30 employees face job cuts in Buy with Prime unit

Gaurav Verma
Last updated: 2024/01/19 at 4:52 PM
Gaurav Verma
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Tech layoffs that began in 2024 do not seem to be pausing even in the third week of the year as Amazon has announced that it is now trimming the workforce in its Buy with Prime unit by about 30 employees.

According to a CNBC International report on January 18, Amazon, without divulging a specific number, has said the fresh job cuts will affect fewer than 5% of staff in the Buy with Prime division.

“We regularly review the structure of our teams and make adjustments based on the needs of the business and, following a recent review, we’ve made the difficult decision to eliminate a small number of roles on our Buy with Prime team,” an Amazon spokesperson said in a statement cited by CNBC International.

Buy with Prime programme, a service that lets online stores offer the same two-day shipping benefits available to Prime subscribers, was expanded by Amazon since its launch in April 2022, including tie-ups with Shopify and Salesforce.

According to the report, few of the affected employees worked in Amazon’s multichannel fulfillment unit, which sits alongside Buy with Prime under the “Project Santos” organisation, overseen by Peter Larsen, a longtime vice president at the company, a person with knowledge of the cuts told CNBC International.

Amazon, however, has said it is supporting the laid-off staff to find roles inside and outside the company, Reuters reported.

Earlier this month, Amazon already announced its decision to implement significant layoffs across its Prime Video and MGM Studios divisions as well as its livestreaming unit Twitch.

Since the end of 2022, Amazon has implemented the most extensive series of layoffs in its history, amounting to over 27,000 job cuts across various departments. The latest reductions are being seen as part of Amazon’s continued commitment to optimising its operations for sustained growth.

(Edited by : Amrita)

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(Except for the headline, this story has not been edited by Universal Times Magazine staff and is published from a syndicated feed.)

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Gaurav Verma January 19, 2024 January 19, 2024
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