Amazon has reportedly cut jobs in its communications divisions, affecting over 5% of the workforce in Amazon Studios, Prime Video, and Music. However, the cuts represent less than 1% of Amazon’s global communications staff. The affected employees will receive pay, benefits, severance packages, and job-placement support. This comes after previous rounds of layoffs at Amazon, including the elimination of 18,000 positions between November 2022 and January 2023. Additionally, Amazon recently announced the shutdown of its live audio service, Amp, as part of cost-cutting measures.
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Amazon cuts jobs in communications divisions of Amazon Studios, Prime Video and Music; read company’s statement
Amazon has reportedly cut jobs in its communications divisions, affecting over 5% of the workforce in Amazon Studios, Prime Video, and Music. However, the cuts represent less than 1% of Amazon’s global communications staff. The affected employees will receive pay, benefits, severance packages, and job-placement support. This comes after previous rounds of layoffs at Amazon, including the elimination of 18,000 positions between November 2022 and January 2023. Additionally, Amazon recently announced the shutdown of its live audio service, Amp, as part of cost-cutting measures.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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