THE Amazon has begun cutting jobs in its music streaming division, marking the latest of many rounds layoffs within the year they affected more than 27,000 employees of the American giant.
Workers in Latin America, North America and Europe were notified today that the jobs were being cut, sources told Reuters, with the layoffs also confirmed by an Amazon spokesman at the agency who did not disclose a specific number.
“We are closely monitoring our organizational needs and prioritizing what matters most to our customers and the long-term health of our businesses,” the company said in a statement. “Some roles have been eliminated on the Amazon Music team. We will continue to invest in Amazon Music.”
Amazon: Layoffs despite positive revenue
The layoffs come despite the company posting third-quarter net income that far exceeded analysts’ estimates. It is typical that the company is making “quiet” layoffs such as communications staff in the Studios, Video and Music departments last month.
Amazon Music, which also includes podcasts, competes with giants like Spotify, Pandora, Alphabet’s Google and Apple in offering unlimited music streaming services for a fee. It should be noted that earlier this year it raised the monthly subscription price by a dollar to $10.99.
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