Prime Video, Amazon Studios Layoffs To Affect “Several Hundred” Workers, SVP Mike Hopkins Tells Staff
deadline.comPrime Video and Amazon Studios will see layoffs affecting several hundred workers, according to an internal memo this morning from SVP Mike Hopkins.
In Hopkins’ memo, provided to Deadline by Amazon (read it below), he alludes to a review of the company’s business operations across all of its divisions.
As a result of that process, he writes, “we’ve identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and focus on content and product initiatives that deliver the most impact.” The parent company laid off 18,000 workers a year ago, reversing a dramatic increase in staff borne of the onset of Covid in 2020, which caused a boom in demand for Amazon e-commerce deliveries.
Here is the full internal memo about today’s moves: Team, We’ve taken significant steps towards our long-term vision of making Prime Video the first-choice entertainment destination for customers worldwide, and I’m proud of everything we’ve accomplished as a team to date.
Read more on deadline.com