Many workers to lose jobs as Amazon shuts down wholesale business
U.S. online retailer Amazon on Monday said that it would shut down its wholesale distribution business in India as it moved to focus more on its core retail business.
Amazon Distribution, its wholesale e-commerce website available to small neighbourhood stores in Bengaluru, Mysore and Hubli, was designed to help small stores, pharmacies and department stores in India secure inventory from the firm.
“We don’t take these decisions lightly. We are discontinuing this programme in a phased manner to take care of current customers and partners,” a company spokesperson said in a statement.
The exit will result in the layoffs of hundreds of workers.
(dpa/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
NIS hands over Libya-bound teenager to NAPTIP
The Nigeria Immigration Service (NIS) has handed over to NAPTIP, a 17-year-old girl arrested in Kebbi while allegedly on her way to Libya.
Health
Nigeria 21.6 million people away from achieving COVID-19 vaccination coverage
“We are 21.6 million eligible persons away from reaching its target of fully vaccinating 70 per cent of its eligible population by December 2022.”
World
China accuses U.S. of trespassing on Spratly Islands
“The actions of the U.S. military seriously violated China’s sovereignty and security,” said the Chinese army.
Health
China deploys security forces to quell COVID-19 protests
Security forces increasingly stopped passers-by and checked their phones for suspicious content or software.
Anti-Corruption
Ex-Comoros President Sambi gets life sentence for $1.8 billion passport racketeering
“They (Mr Sambi and his group) gave thugs the right to sell Comorian nationality as if they were selling peanuts.”
Rights
Protests Crackdown: Iran arrests Supreme Leader Ayatollah Khamenei’s niece
Iran has arrested Farideh Moradkhani, niece to Supreme Leader Ayatollah Ali Khamenei, known for opposing her uncle’s regime over several cases of human rights abuse.
