Amazon laying off European staffers in Prime Video division – IMDb
Amazon is moving forward with a round of job cuts that will see dozens of employees depart its Prime Video business overseas, according to a report.
On Tuesday, entertainment trade publication Deadline said Amazon executives have started “job consultations” with affected employees at its overseas locations, most of which contribute to its Prime Video expansion efforts in Europe, the Middle East and Africa.
The job cuts are part of a broader round of layoffs impacting Amazon employees across the company’s video businesses, which include MGM Studios and the gaming-centric streaming platform Twitch.
Earlier this year, Amazon warned hundreds of employees that their jobs were on the line as the company reorganized its video units with an emphasis on reducing expenses. Around 500 workers were expected to be affected by the time the dust settled.
The job cuts in Europe, the Middle East and Africa are part of these layoffs,…
Related
European Stocks Slide Amid Global Market Sell-off: U.S. Jobs Data…
European stocks took a hit in a broad market sell-off Monday, sparked by U.S. jobs data that suggested the Federal Reserve might tread carefully in lo
Asian, European stocks plunge after US jobs report
Asian and European markets sank Monday after an outsized US jobs report dealt another blow to hopes for more in
European stocks fall following US jobs data
European shares on Friday suffered their steepest decline in three weeks after a robust US jobs report stoked fresh inflation fears and solidified expectations
Factbox-European companies cut jobs as economy sputters
(Reuters) -Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs. He
