Amazon’s Twitch, Prime Video, MGM Studios units lay off hundreds
GeekWire
JANUARY 10, 2024
CNBC first reported on the Prime Video and MGM cuts. And, through our acquisition of MGM, we’ve increased our investments in theatrical films and driven growth in MGM+ and our licensing and third-party production businesses. Bloomberg said the layoffs at Twitch impacts about 35% of staff and reported that the business is unprofitable.
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