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Economic Woes Force Amazon To Close Food-Delivery Business In India

by Admin
November 29, 2022
in NewsBytes
Reading Time: 1 min read
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Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant said on Friday, a day after it announced the winding down of its online learning platform for high-school students in the country.

Amazon Food, a business the company was trialing in the southern Indian city of Bengaluru, would be discontinued, it said.

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“As part of our annual operating planning review process, we have made the decision to discontinue Amazon Food,” a company spokesperson told Reuters.

“We don’t take these decisions lightly. We are discontinuing these programs in a phased manner to take care of current customers and partners.”

The Economic Times earlier reported that the business would be discontinued from Dec. 29 onwards, citing a communication from the company to its restaurant partners.

On Thursday, Amazon said it was shutting down the Amazon Academy platform in India that was launched early last year amid a boom in virtual learning during the COVID-19 pandemic.

An uncertain macroeconomic environment is making the e-commerce giant review its global workforce, as the company plans to lay off around 10,000 employees in corporate and technology roles, Reuters reported last week.

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