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Amazon Prime Video and MGM Studios experiences hundreds of job cuts
Layoffs reflect streamlining operations in the industry
The decision was sent out by the SVP of Prime Video and Amazon MGM, Mike Hopkins, via email, which was obtained by the publication where he claims he has “identified opportunities to reduce or discontinue investments in certain areas” but plans to increase spending on some “content and product initiatives that have the most impact.” Our investments in programming, marketing, and technology have enabled us to expand our selection of blockbuster movies, hit tv series, live sports, the world’s largest TVOD catalog along with over 650 partner Channels worldwide, and AVOD services including Freevee – all available in a single destination, delighting customers around the globe. Throughout the past year, we’ve looked at nearly every aspect of our business with an eye towards improving our ability to deliver even more breakthrough movies, TV shows, and live sports in a personalized, easy to use entertainment experience for our global customers.
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