Amazon laying off hundreds at Prime Video, MGM Studio, Twitch divisions

Tech and retail giant Amazon.com is trimming its headcount further with fresh rounds of layoffs, this time in its media divisions. Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios informed staff in an internal memo Wednesday that the organization would be "eliminating several hundred roles" by the end of this week. Hopkins explained in the note, which Amazon shared with FOX Business, that the reasoning behind the layoffs is that the company has "identified opportunities to reduce or ...