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Amazon to Shut Down Wondery Podcast Studio, Reorganize Audio Business

Amazon.com Inc. is closing its Wondery podcast studio and will break up the audio service’s operations as part of a broad reorganization of the business.About 110 people will lose their jobs because of the move, according to a person familiar with the plans. In addition, Wondery Chief Executive Officer Jen Sargent will exit the company, according to a memo to staff viewed by Bloomberg News. Existing Wondery series will either be moved under Amazon’s Audible banner or become part of the company’s...

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