Amazon Will Fire Hundreds of Employees Once Again

The year 2023 was not a good year for those working in the technology sector. Many companies were laying off thousands of employees due to reasons such as increase in expenses. For example, today Twitch announced that it would fire 500 people, equivalent to 35% of its total staff. Also, such a step came from Unity yesterday.

Now, it has been revealed that such a move will come from another company. According to information obtained by The Information, Amazon will once again fire a large number of its employees.

Hundreds of Prime Video and MGM employees will be laid off

According to information received, Amazon’s new layoff step is the company’s film and TV series platform. Prime Video and the movie studio purchased for $8.5 billion in 2022 from MGM will be. It is not clear how many people will be laid off, but the information received is “hundreds ofHe says that people will lose their jobs.

An email sent by company executive Mike Hopkins caused the news to spread. The message stated that the company is increasing investments in our most effective products while other Reducing or stopping investments in certain areas It was stated that he wanted this and that’s why the workforce was reduced.

Amazon started sending emails to its employees in the US today. It was stated that those in other regions will be notified before the end of the week. Although it is said “hundreds”, it is not known exactly how many people will be affected. The company will offer things like compensation to those laid off and career transition support.

Amazon fired 27 thousand employees in 2023

This is not the first time we see such moves from Amazon. The technology giant plans to employ 18 thousand people in 2023, then 9 thousand people, that is, in total. 27 thousand employees He was dismissed. This caused it to be the company that implemented the most layoffs last year.