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Read Amazon Prime Video, MGM Studios executive’s memo to employees on job cuts

Amazon announces job cuts in video entertainment divisions impacting hundreds of employees in Prime Video and MGM Studios units. The move aims to prioritize long-term business success. Senior vice president Mike Hopkins sends memo to employees about the layoffs. Amazon-owned Twitch also announces cutting 500 jobs. Last year, Amazon cut over 27,000 jobs as tech companies laid off employees during the pandemic.

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