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The COVID-era spending spree is over. And the tech layoffs keep coming. Amazon is eliminating several hundred roles across Prime Video and MGM Studios, according to a memo sent to staff on Wednesday.
Amazon said that the unit remains a top priority and would "continue investing significant resources in Buy with Prime." The cut has affected a little over 30 employees at the unit, a source ...
But Microsoft wouldn't be the first firm to use performance metrics to guide their layoff decisions. Amazon has also been doing the same: Before laying off 27,000 workers between 2022 and 2023, ...
The layoffs come two weeks after Amazon posted strong first-quarter financial results with more than $143 billion in revenue and $10 billion in profit. ... Amazon divisions such as AWS, Prime ...
In April 2022, about six months before the layoffs started, Amazon placed less than 2,000 employees into the first phase of its PIP, which it internally calls Focus. At the end of the year, once ...
Amazon announced it will lay off hundreds of employees from its Prime Video and Amazon MGM Studios divisions, while its subsidiary Twitch said it would let go of 500 staff. And smaller tech ...
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Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment. On Tuesday, the company ...
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related to: suunto layoff for iphone 11 mini amazon prime