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    Home»Markets»Stocks»Amazon says cuts jobs in music streaming unit By Reuters
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    Amazon says cuts jobs in music streaming unit By Reuters

    Press RoomBy Press RoomNovember 8, 2023No Comments1 Min Read
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    Amazon says cuts jobs in music streaming unit
    © Reuters. FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid/File Photo

    By Greg Bensinger

    (Reuters) – Amazon.com (NASDAQ:) has begun cutting jobs in its Music division, the company said on Wednesday, confirming the latest of several rounds of layoffs over the past year that have affected more than 27,000 employees of the retail giant.

    Employees in Latin America, North America and Europe received notices that their jobs had been eliminated Wednesday, according to people familiar with the matter. An Amazon spokeswoman confirmed the layoff after being contacted by Reuters. She declined to say how many employees were impacted.

    “We have been closely monitoring our organizational needs and prioritizing what matters most to customers and the long-term health of our businesses,” she said in an emailed statement. “Some roles have been eliminated on the Amazon Music team. We will continue to invest in Amazon Music.”

    (This story has been refiled to correct a typo in the headline)

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