Amazon cuts hundreds of jobs in Prime Video and MGM Studios: Read the memo to employees
www.cnbc.com
Mike Hopkins, who oversees those units, sent a note to staffers informing them of the job cuts.

Amazon cuts hundreds of jobs in Prime Video and MGM Studios::Mike Hopkins, who oversees those units, sent a note to staffers informing them of the job cuts.

  • EnderMB@lemmy.worldEnglish
    1·
    10 months ago

    Bezos isn’t the CEO. He’s a shareholder, but if anything, he’s recently poached members of Amazon’s exec board, and has sold shares.

    • AA5B@lemmy.worldEnglish
      1·
      10 months ago

      Seems like Bezos kept prices low to grow most quickly, but maybe they’ve shifted to maximizing profit now that they’re a monopoly