When Mark Zuckerberg announced last year that Meta was laying off 10,000 workers, he described 2023 as a "year of efficiency" defined by removing layers of middle management to create a "leaner org." Turns out the company still isn't done restructuring its organization.
Amazon is laying off hundreds of people across Prime Video and Amazon MGM Studios, as reported by Variety. This is for the usual reason. The company found a way to save some money and went for it. You know the drill.