Amazon’s music streaming division hit with round of layoffs

On-line retail and know-how large Amazon has reportedly began making layoffs in its music unit.

Bloomberg first reported the information on Wednesday (November 8). Citing sources, it stated that editorial and audio content material group roles have been focused.

Citing sources, Reuters additionally reported that employees members in varied markets together with Latin America, North America, and Europe have been issued with redundancy notices on Wednesday.

Reuters added that the corporate ‘has been quietly trimming jobs, together with communications employees in its Studios, Video and Music divisions final month’.

This spherical of layoffs is one in all a number of over the previous 12 months to have impacted over 27,000 roles at Amazon, Reuters stated.

Amazon began shedding members of its company and know-how workforce again in November last year as a part of an preliminary spherical of round 10,000 job cuts.

This newest spherical of layoffs at Amazon arrives amid ongoing industry-wide job cuts within the tech sector.

TechCrunch reports that greater than 240,000 tech jobs have been minimize globally in 2023.

“Some roles have been eradicated on the Amazon Music group. We are going to proceed to put money into Amazon Music.”

Amazon Spokesperson, talking with Reuters

“We have now been carefully monitoring our organizational wants and prioritizing what issues most to prospects and the long-term well being of our companies,” an Amazon spokesperson is quoted by Reuters as saying.

The spokesperson didn’t verify what number of jobs have been minimize on this spherical.

They added: “Some roles have been eradicated on the Amazon Music group. We are going to proceed to put money into Amazon Music.”

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Different corporations to have made layoffs this yr embody Meta and Microsoft.

Within the music enterprise, Spotify announced in January that it plans to chop 6% of its international workforce, which amounted to greater than 500 folks, and another cut another 200 roles from its podcast unit in June.

Warner Music Group informed employees on March 29 that it deliberate to scale back its workforce by 4%, or about 270 folks.Music Enterprise Worldwide