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Amazon Layoffs 2023: Amazon terminates employees in its Pharmacy division as part of cost-cutting measures. The move aims to improve efficiency and enhance the customer experience amid ongoing layoffs in the tech industry.

Amazon Layoffs 2023: Amazon fires more employees, in a cost-cutting drive, from pharmacy division

Amazon terminates employees in its Pharmacy division as part of cost-cutting measures. The move aims to improve efficiency and enhance the customer experience amid ongoing layoffs in the tech industry

Amazon lays off more employees, in a cost-cutting drive, this time from pharmacy division 

<h2>Amazon terminates employees in its Pharmacy division as part of cost-cutting measures. The move aims to improve efficiency and enhance the customer experience amid ongoing layoffs in the tech industry.</h2>

Amzon Layoffs 2023: After large-scale layoffs, Amazon cuts more jobs. In a bid to streamline operations and cut costs, Amazon has terminated several employees within its Pharmacy business unit.
The e-commerce giant confirmed to CNBC that a "small number" of staff members from the Amazon Pharmacy division have been let go. This move comes as part of Amazon's ongoing efforts to improve processes for quality and efficiency, ultimately enhancing the customer experience.
Amazon spokesperson Brad Glasser addressed the layoffs, stating that the company made the decision to adjust resources within the pharmacy section.
The affected roles were primarily from the Amazon Pharmacy Services team. Amazon did not disclose the exact number of employees affected.&nbsp;
This year alone, Amazon has already implemented large-scale layoffs. CEO Andy Jassy previously revealed 18,000 job cuts, followed by an additional 9,000 employees being laid off. In May, 500 employees in India were terminated across various business sectors, including Amazon Web Services (AWS), human resources, and support functions.
Also Watch: <a href="https://www.editorji.com/business-news/fresh-round-of-layoffs-by-amazon-india-hands-pink-slips-to-employees-in-hr-web-services-1684138936433">Fresh round of layoffs by Amazon India; Hands pink slips to employees in HR, web services</a>
Amazon is not alone in making workforce reductions. Other tech giants have also resorted to layoffs. Microsoft recently laid off 275 employees, adding to the 10,000 individuals who were asked to leave earlier in the year. The company emphasized that organizational and workforce adjustments are necessary for managing their business and reaffirmed its commitment to strategic growth areas.
However, a shift in approach to layoffs has become apparent. Silicon Valley is now opting for phased terminations to limit the number of individuals laid off at once, minimizing negative PR and avoiding international headlines. This change comes after previous large-scale layoffs resulted in reputational challenges for companies like Amazon.

Big US I.T businesses are now trying to further reduce their workforce in various countries in Europe where labour protections are strict. Companies looking for voluntary resignation in return of 1 year severance package.

Google and Amazon ask senior staff to resign willingly and get a one year severance package

Big US I.T businesses are now trying to further reduce their workforce in various countries in Europe where labour protections are strict. Companies looking for voluntary resignation in return of 1 year severance package.

Since last year, the tech sector has witnessed massive layoffs globally, which resulted in over 1.6 lakh employees at 570 tech companies, losing their jobs. This includes giants like Google, Meta, and Amazon announcing job cuts.&nbsp; After the massive layoffs, tech companies are still looking to further reduce their headcount. Labour laws make it nearly impossible to fire individuals in some nations without first consulting employee interest groups. Companies are obligated by law to consult with these councils before implementing layoffs, which involves a potentially time-consuming process of information gathering, talks, and the possibility of appealing. Due to this, major companies like Amazon and Google are reportedly inviting staff members to voluntarily resign.
Amazon is even resorted to handing some of its senior managers a one-year severance package in exchange for their voluntary resignation. The report also stated that the e-commerce behemoth is providing 'leave to departing employees so their shares can vest and be paid out as bonuses.'
Amazon is dismissing probationary staff in Germany as well, although they are being given the chance to voluntarily resign, as reported by ET Now.

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