Amazon Is Shuttering Some India Businesses Amid Global Cuts
- Online giant will wind down meal, business delivery services
- Amazon has had mixed success after a decade in India
Amazon’s fulfillment center in Bengaluru, India.
Photographer: Ruhani Kaur/BloombergThis article is for subscribers only.
Amazon.com Inc. will wind down parts of its Indian operations, showing that even the crucial growth market with 1.4 billion consumers isn’t immune to Chief Executive Officer Andy Jassy’s cost-reduction campaign.
The company said it is exiting meal deliveries as well as a service providing bulk doorstep deliveries of packaged consumer goods to small businesses. The exits will involve layoffs of just several hundred out of a workforce of thousands, leaving Amazon relying on its core offerings such as online retail in the country, according to a person familiar with the matter.