Hit by Amazon layoffs? Here’s what you need to know about severance pay, PF, gratuity, and taxes

Amazon plans to lay off tens of thousands of its corporate workers this week, the largest layoffs since the company’s largest firing of 27,000 workers at the end of 2022.

According to Reuters, the e-commerce behemoth managed by Andy Jassy plans to lay off up to 30,000 employees, or about 10% of its corporate staff, starting on Tuesday.