People Digest: Amazon's third business exit from India; VerSe Innovation, Hirect slash jobs

People Digest: Amazon's third business exit from India; VerSe Innovation, Hirect slash jobs

FILE PHOTO: The Amazon logo is seen at the company's logistics centre in Boves, France, February 11, 2022. REUTERS/Pascal Rossignol/File Photo

After shutting its food delivery and online learning businesses in India, Amazon is set to pull the shutters down on its wholesale distribution business in the country as well. Separately, startups VerSe Innovation and Hirect have fired 150 and 200 employees, respectively.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter