HomeIndustriesRetailAmazon’s (AMZN) Prime Video, MGM Studios To Cut ‘Several Hundred’ Jobs

Amazon’s (AMZN) Prime Video, MGM Studios To Cut ‘Several Hundred’ Jobs

Amazon’s (AMZN) Prime Video, MGM Studios are to cut ‘several hundred’ jobs. Amazon noted that the layoffs present opportunities to reduce and discontinue investments in certain areas while increasing investments in areas that provide the most impact. The SVP Mike Hopkins stated that “this is a difficult decision to make and one that my leadership team and I do not take lightly.” Renita Young weighs in on this story.

Next Gen Investing

10 Jan 2024

SHARE

ON AIR
12:00 pm
Next Gen Investing
replay
12:00 am
Market Overtime
REPLAY
12:30 am
Market On Close
REPLAY
education
2:00 am
Your First Trade
REPLAY
education
2:30 am
Your First Trade
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
education
5:00 am
Liz Ann Live
REPLAY
5:30 am
The Wrap
REPLAY
7:00 am
Market Overtime
REPLAY
8:00 am
Market Overtime
REPLAY
8:30 am
Market On Close
REPLAY
education
10:00 am
Schwab 2026 Outlook
REPLAY
11:00 am
Fast Market
REPLAY
ON AIR
12:00 pm
Next Gen Investing
REPLAY
education
1:00 pm
Liz Ann Live
REPLAY
1:30 pm
The Wrap
REPLAY
3:00 pm
Market Overtime
REPLAY
4:00 pm
Market Overtime
REPLAY
4:30 pm
Market On Close
REPLAY
education
6:00 pm
Schwab 2026 Outlook
REPLAY
7:00 pm
Fast Market
REPLAY
8:00 pm
Next Gen Investing
REPLAY
education
9:00 pm
Liz Ann Live
REPLAY
9:30 pm
The Wrap
REPLAY
11:00 pm
Market Overtime
REPLAY

Schwab Network's Newsletters

Daily insights for every investor