Amazon is to axe hundreds of staff across its subsidiaries Twitch, Prime Video and MGM studios.
More than 500 Twitch employees – a third of the streamer’s workforce – will be laid off, according to a note from chief executive Dan Clancy.
Amazon said several hundred employees at Prime Video and film studio MGM will also lose their jobs this week.
The tech giant laid off more than 27,000 staff members in 2023 despite bumper profits.
Read more at: https://www.bbc.com/news/technology-67939545