Amazon plans to absorb most employees of top seller Cloudtail
Amazon India is planning to absorb most of the employees of one of its top sellers Cloudtail into its own operations. The business plans to move the remaining Cloudtail employees to other sellers it plans to onboard.
As Cloudtail prepares to cease its business operations in May 2022, Amazon is overhauling its employee structure with the aim of keeping its current workers in employment, TNN reported. The move is expected to run smoothly as the businesses are already highly integrated with each other.
“Working in Cloudtail is equivalent to working in Amazon, so the employees at both companies are familiar with each other’s operations,” an anonymous source told TNN.
“While the approval from the regulator is awaited, the business of JV [joint venture] as well as Cloudtail shall continue,” an Amazon India spokesperson told the Times of India. “Employees continue to remain an integral part of the JV. Partners will work on a plan for finding opportunities for JV employees within various businesses of Amazon.”
Online retailer Cloudtail India Private Limited was set up in August 2014 and offers over 30 lakh products with over 6,000 unique vendors and over 11,500 brands, according to its website. The business also works to being micro, small, and medium enterprises into the online space and works with over 700 registered MSMEs.
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