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Amazon Lays Off Hundreds in Prime Video, Studios

Bloomberg’s Matt Day explains why Amazon is laying off employees in its Prime Video and studios business, as streaming businesses across the board are downsizing. He speaks with Caroline Hyde on Bloomberg Technology. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Bloomberg’s Matt Day explains why Amazon is laying off employees in its Prime Video and studios business, as streaming businesses across the board are downsizing. He speaks with Caroline Hyde on Bloomberg Technology.
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7 Comments

7 Comments

  1. @Sect10n31

    January 10, 2024 at 4:28 pm

    Blah Blah Blah… In Other Words… GO WOKE, GO BROKE.

    Reply

    • @brooklynknite

      January 10, 2024 at 5:33 pm

      No, it cost too much. And, their is too many streaming platforms now. P.s. I can’t keep up.

      Reply

    • @Sect10n31

      January 10, 2024 at 6:28 pm

      @@brooklynknite Bullshit. Amazon Video is packaged with everyone who already subscribes to Amazon Prime.

      Reply

    • @brooklynknite

      January 10, 2024 at 7:44 pm

      @@Sect10n31 package, you just proved not point. You still have to pay for it.

      Reply

  2. @jazilzaim

    January 10, 2024 at 5:41 pm

    The thing about video is that it has everything good. Better engagement and better retention. The huge issue with video and livestreaming is that it doesn’t make a lot of money at all compared to photos, text posts, etc. So it isn’t as much of a surprise to see that Twitch isn’t exactly profitable. Even Meta had to incur costs with their Reels rollout and Tik Tok is still not as profitable yet either.

    Reply

  3. @IbnBahtuta

    January 10, 2024 at 6:47 pm

    I think their “golden age” is over.

    Reply

  4. @mopthermopther

    January 10, 2024 at 7:36 pm

    They offered very little

    Reply

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