International human resource and organizational behavior - Coursework Example

Organizations should consider the complexity of HR when they form business mergers or alliance and decide to extend their operations globally (Briscoe, Schuler and Tarique 2012, p. 67). Amazon.com is among the leading Internet retailers along with Google, eBay, and Yahoo. Jeff Bezos, the CEO, started the company in 1994 by selling books and other products online. However, Amazon was officially launched in 1995 marking the birth of e-commerce practice in the retail industry. In the late 1990’s there was a boom in the “dot.

com” industry and Amazon helped to grow the so-called online retailing or “e-tailing.” By then, Jeff Bezos was recruiting workers through a series of interviews other than hiring employees whom he believed that they would not sustain the fast growing e-tailing business. He recruited many employees who worked in the warehouses and offices that resembled the garage workplace, which was the original working place for Amazon. By 2000, amazon had moved its operations to other countries such as United Kingdom, Germany, Japan, Italy and others (Chakrabarti and Scholnik 2002, p. 90). In 2000, many companies in the e-tailing industry such as Barnes & Noble, eBay, Wal-Mart and Borders indicated huge losses due to decreasing prices of commodities sold online.

The 1999 financial crisis lead to a huge fall in the stock value owned by Amazon. The Amazon stock lost value by forty per cent in January 2000. The fall of 2001 was associated with a loss of $1.411 billion, which resulted in the dismissal of around 1,300 workers. Due to the change, Bezos set aside stock enough compensate the laid off workers. It is evident that Amazon.com had frozen its operations in international shipping. The booming e-tailing business had crashed with most of the company’s activities being terminated.

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