Amazon shuttering some India businesses

Amazon.com will wind down parts of its Indian operations, showing that even the crucial growth market with 1.4 billion consumers isn’t immune to CEO Andy Jassy’s cost-reduction campaign. The company said it is exiting meal deliveries as well as a service providing bulk doorstep deliveries of packaged consumer goods to small businesses. The exits will involve layoffs of several hundred out of a workforce of thousands, according to a person familiar with the matter.