American e-commerce company Amazon has terminated the jobs of around 1,000 employees. This layoff has also affected employees working in India, America and Britain. According to a Reuters report, the company has taken this decision as part of a change in its retail business. The special thing is that this layoff by Amazon has taken place at a time when the company is being sold.

According to the report, Amazon’s stores division has been the most affected by the layoffs. This unit handles the company’s core online shopping business. The company has confirmed the elimination of approximately 1,000 posts. An Amazon spokeswoman said some parts of the stores business have been restructured, so the company can better focus on its priorities.

According to the report, the change has also affected teams like customer service and selling partner service. Some employees working in India, America and Britain have been notified to terminate their jobs.

The number of employees was increased during the corona epidemic

The layoffs by Amazon are part of job cuts already underway at the company. Earlier, the company had laid off more than 30,000 employees. Amazon founder and executive chairman Jeff Bezos has said that the company hired a large number of people due to the increase in online shopping during the Corona epidemic. Later there was a need to reduce the number of employees.

The company is increasing investment in AI

Interestingly, on one hand, Amazon is reducing the number of employees, on the other hand, it is preparing to invest heavily in AI. The company plans to spend about $220 billion on data centers, chips and AI-related infrastructure. A large portion of this investment is expected to go towards Amazon Web Services (AWS) and AI-related work.