Yesterday, Amazon officially confirmed that it is laying off 500 employees from Twitch, but the company also announced even more cuts in its Prime and Amazon MGM departments, writes Android Central.
Mike Hopkins, senior vice president of Prime and MGM, sent a letter to employees in which he wrote that he had “identified opportunities to reduce or eliminate investments in certain areas” but planned to increase spending on some “content and product initiatives that have the greatest impact.”
Hopkins also spoke about the instability of the industry and how it is constantly and rapidly evolving and it is important to prioritize the long-term success of the business.
“As a result of these decisions, we will be eliminating several hundred roles across the Prime Video and Amazon MGM Studios organization,” Hopkins said.
The exact number of employees who will lose their jobs as a result of the new layoffs has not been disclosed.
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