Amazon to cut jobs in Prime Video and MGM Studios
Amazon.com Inc (NASDAQ: AMZN) is in focus today following a report that it plans on executing targeted layoffs in Prime Video and MGM Studios.How many employees will be laid off?Copy link to sectionThe job cut will affect several hundred of its employees in those segments, as per “The Information”. According to Mike Hopkins – senior vice president of Prime Video and Amazon MGM Studios: We’ve identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and fo ...