“I know many of you are wondering why this is happening. CEO Dan Clancy addressed the Twitch community Wednesday to provide details. In addition to the cuts at Prime Video and Amazon MGM Studios, 500 workers will be let go at Amazon’s live streaming platform Twitch. To help with the transition, we are providing packages that include a separation payment, transitional benefits as applicable by country, and external job placement support.” “It is hard to say goodbye to talented Amazonians who’ve made meaningful contributions on behalf of our customers, team and business. “This is a difficult decision to make and one that my leadership team and I do not take lightly,” Hopkins added. As a result of these decisions, we will be eliminating several hundred roles across the Prime Video and Amazon MGM Studios organization.” “As a result, 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. “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,” Hopkins wrote in the memo. No details were provided on which departments would be affected. The cuts were revealed in a note entertainment chief Mike Hopkins sent to staffers on Wednesday. The cuts are in addition to the massive layoffs between 20 that resulted in over 27,000 employees being terminated. Amazon is kicking off the new year by laying off “several hundred” employees at Prime Video and Amazon MGM Studios, the streamer and producer, respectively, of such projects as Saltburn, Hazbin Hotel, The Boys, The Lord of the Rings: The Rings of Power, and countless more, according to Variety.
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