Amazon has begun laying off employees in its music division, affecting workers on multiple continents. The e-commerce giant declined to say how many people were let go.
Amazon is cutting the workforce in its music unit, the company confirmed Wednesday. People familiar with the latest round of layoffs told Reuters that Amazon Music some employees from Latin America, North America and Europe were notified that their positions had been eliminated. An Amazon spokesperson confirmed there were layoffs in the division but declined to reveal how many employees have been let go.
In its latest earnings report last month, Amazon revealed a 13% rise in revenue to $143.1 billion for the third quarter, beating Wall Street estimates of $141.41 billion. The e-commerce titan also predicted a rise in holiday revenue for the end of 2023.
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Amazon Prime’s New One Medical Discount Undercuts Amazon Clinic PricesI'm a senior writer at Forbes covering healthcare technology, and I also write the InnovationRX newsletter. I was previously a healthcare reporter for POLITICO covering the European Union from Brussels and the New Jersey Statehouse from Trenton. I was a 2019-2020 Knight-Bagehot Fellow in business and economics reporting at Columbia University.
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