Amazon Cutting Hundreds of Jobs in Prime Video and Studios
Amazon is laying off hundreds of employees across its Prime Video and Amazon MGM Studios organization.The cuts follow the organization’s year-long review of every aspect of its business, Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, said in a note that was sent to employees on Wednesday (Jan. 10) and provided to PYMNTS by Amazon.“As a result, we’ve identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and focus on content ...