February 24, 2024

Amazon is shedding a whole bunch of individuals throughout Prime Video and Amazon MGM Studios, That is for the same old purpose. The corporate discovered a means to avoid wasting cash and went for it. You recognize the drill. Amazon’s leisure chief Mike Hopkins wrote in an e mail to employees that it has “recognized alternatives to cut back or discontinue investments in sure areas whereas rising our funding and deal with content material and product initiatives that ship essentially the most influence.”

Hopkins didn’t give an actual quantity, however did word that “a number of hundred” workers can be given strolling papers and that almost all American employees will know by the tip of the day, with international workers following swimsuit by the tip of the week. He additionally wrote that “it’s onerous to say goodbye to proficient Amazonians.”

Amazon says it’ll assist laid off employees with profit packages that can embody a separation fee and exterior job placement help. The corporate guarantees “continued investments in programming, advertising and product,” regardless of the layoffs.

Amazon has been in one thing of a layoff frenzy of late, even with over Most lately, it completely gutted Twitch with layoffs of the service’s workforce. The corporate from its gaming division again in November, alongside from its Alexa division. In January of final yr, Amazon from its retail and recruiting divisions. The corporate

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