Amazon to lay off hundreds of workers in its Prime Video and MGM Studios: Report
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Amazon is reportedly laying off several hundreds of employees in its Prime Video and MGM Studios. Mike Hopkins, Senior Vice President of the division, announced the cuts in an email on Wednesday, saying that the reason for the reduction is to "reduce or discontinue investments in certain areas while increasing our investment and focus on content and product initiatives that deliver the most impact", reports TechCrunch.
