Amazon.com Inc. is planning to downsize approximately 5% of its Buy with Prime division in order to cut costs, according to a statement from a company spokesperson, as reported by CNBC on Thursday.
"We regularly review the structure of our teams and make adjustments based on the needs of the business and, following a recent review, we’ve made the difficult decision to eliminate a small number of roles on our Buy with Prime team," the source said.
Over the past few days, the company has implemented layoffs affecting numerous employees within its Audible division, Twitch, Prime Video, MGM, and advertising sales departments.
