Key Points
Amazon's Audible division to reduce its workforce by approximately 5 per cent as part of the company's broader efficiency strategy..
In a move aimed at streamlining operations, Amazon's Audible division has decided to reduce its staff by approximately 5%, with around 100 employees affected, according to a memo from Audible CEO Bob Carrigan, which was accessed by CNBC..
However, the current staff reduction reflects the broader trend within Amazon, which initiated significant layoffs in 2022 and 2023, affecting over 27,000 jobs across various areas of the company...
Approximately 5% of Audible's workforce will be impacted by the reduction, with affected employees already receiving meeting invitations for discussions with HR business partners and team leaders..
While the staff reduction may present challenges, Carrigan remains optimistic about Audible's ability to sustain momentum and global growth, reinforcing its position as a leader in audio storytelling..
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