This follows a 35% reduction in the company’s Twitch staff.
According to Variety, Amazon is cutting off hundreds of employees across its Prime Video and Amazon MGM Studios divisions during this time. For the typical reason, this is the case. When the corporation discovered a solution to cut costs, they moved ahead and implemented it. It is not a mystery to you. The head of Amazon’s entertainment division, Mike Hopkins, sent an email to the company’s employees, stating that the company has “identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and focus on content and product initiatives that deliver the most impact.”
Although Hopkins could not provide a specific number, he did mention that “several hundred” employees would be given walking papers. He also mentioned that the majority of workers in the United States will be aware of the situation by the end of the day, and that colleagues from around the world will follow suit by the end of the week. A further statement that he made was that “it is difficult to say goodbye to talented Amazonians.”
Amazon has stated that it will provide workers who have been laid off with benefit packages that will include a severance payment and assistance in finding other employment opportunities. In spite of the layoffs, the company has stated that it will continue to make expenditures in programming, marketing, and product developments.
In spite of the fact that it has more than 200 million paying Prime customers, Amazon has been in the midst of a layoff frenzy just recently. In the most recent instance, it completely ruined Twitch by laying off a total of 35 percent of the service’s personnel. Back in November, the business terminated the employment of approximately two hundred individuals from its gaming division, in addition to a few hundred employees from its Alexa departments. It was in January of the previous year when Amazon made the shocking decision to lay off 18,000 employees from its retail and recruiting departments. A record amount of money was made by the corporation in 2023.