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Amazon slashes jobs at Twitch, MGM and Prime Video
The tech giant says a new round of job losses is needed to make its business more sustainable.
In an email to employees, Mr Clancy said he was taking the "painful step to reduce our headcount" to "build a more sustainable business". In an email sent to staff at Prime Video and Amazon MGM Studios, senior vice president of the department Mike Hopkins wrote: "We've identified opportunities to reduce or discontinue investments in certain areas while increasing our investments and focus on content and product initiatives that deliver the most impact." The reductions at Amazon are the latest in a long series of job cuts in the tech sector, which had expanded rapidly as people increasingly turned to digital services during the pandemic, before contracting as that enthusiasm waned.
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