250,000 and counting: Handsets sector sheds jobs to remain afloat

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NEW DELHI | MUMBAI: India’s handset sector has slashed over 250,000 jobs over the past two years as the rapid growth of e-commerce hurt brick-and-mortar stores and Chinese companies virtually wiped out their local rivals, industry associations said. 

The cut of about 15% of the workforce comprised mainly of in-store brand promoters who were put out of work after thousands of small phone-retailing shops shut down, according to industry executives and retailers. India had about 400,000 han .. 
 

Read more at:
https://economictimes.indiatimes.com/jobs/250000-and-counting-handsets-sector-sheds-jobs-to-remain-afloat/articleshow/70442305.cms

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India's technology sector has also been experiencing financial hardships related to the slowdown.

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Industry executives and retailers told The Times that India had 400,000 handset retailing outlets, many of which were smaller family-owned stores.

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Amazon did the same to retail sector in US. Can same repeat in India too ?