Leaked documents obtained by Engadget show that in 2021, only one-third of Amazon’s new hires stayed with the company for 90 days before either leaving, The Verge reports. or be terminated from employment by the company.
This report is a testament to the problems e-commerce platforms face when it comes to staff retention. The move has cost Amazon a total of about $8 billion a year.
The report also revealed that most employees left voluntarily and only a few were fired. Documents include company spreadsheets and internal research papers.
The withdrawal is reportedly not limited to warehouse workers. This problem was seen in entry-level roles as well as roles up to vice presidents. Even the lowest attrition rate was found to be 70%. It was not clear which category of employees left the company the most.
JEE News report found that about 3 percent of hourly employees quit each week. Another leaked report based on a memo obtained by Recode shows that the company fears that people may not be ready to work for it in the next few years.
Those in management roles also reportedly want to leave because of “promotions” issues. The e-commerce giant also faced criticism for its handling of layoffs.
