Amazon has started laying off employees in its Music division in what is the latest of several rounds of job cuts in the e-commerce giant over the past year, the company stated.
Several Amazon Music staff in Latin America, North America and Europe were sent notices about layoffs on Wednesday, Reuters quoted sources as saying. Bloomberg sources said the job cuts were reported in Amazon Music’s editorial and audio content team.
“We have been closely monitoring our organizational needs and prioritizing what matters most to customers and the long-term health of our businesses,” an Amazon spokeswoman told Reuters. “Some roles have been eliminated on the Amazon Music team. We will continue to invest in Amazon Music.”
Amazon has reportedly cut several jobs in its Studios, Video and Music divisions in October. Over 27,000 Amazon employees were affected by layoffs over the past year.
This comes despite Amazon's third-quarter net income exceeding analyst estimates and forecast for revenue in the crucial final quarter, which includes holiday shopping, aligning with expectations, reported the agency.
