Amazon-owned Audible lays off 5% of staff | TechCrunch
Audible, the Amazon-owned audiobook company, is laying off 5% of its staff, according to a leaked memo obtained by Business Insider.
Per the memo, Audible CEO Bob Carrigan praised staff for a strong 2023 and assured them that the business was in good shape… but, due to the “increasingly challenging landscape,” the company is still making cuts. This is a common refrain in the tech sphere, where companies across all sectors have been beleaguered by ongoing layoffs since 2022.
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