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Amazon Lays Off Hundreds of Prime Video and MGM Staff

Amazon is laying off “several hundred” staffers from its Prime Video and MGM Studios division. Mike Hopkins, the SVP of Prime Video and Amazon MGM Studios, informed employees of the decision via email on Wednesday; read it in full below. “Our industry continues to evolve quickly and it’s important that we prioritize our investments for the long-term success of our business,” his email reads, in part. “We’ve identified opportunities to reduce or discontinue investments in certain areas while incr...

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