1 year, 2 months ago

Amazon cutting several hundred positions across Prime Video and MGM Studios unit

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last month Amazon said that Prime Video users would start seeing ads on movies and television shows starting on January 29, setting a date for an announcement it made back in September. Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, said in a note to employees that the company is boosting investment in areas with the most impact, while stepping back from others. In May Amazon said that it would distribute its original films and TV shows, like “The Marvelous Mrs. Maisel,” to media outlets outside its Prime Video service for the first time.

Associated Press
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