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

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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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