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Amazon.com is laying off 5% of the workforce at Audible, Business Insider reported on Thursday, citing a memo by the head of the audiobook and podcast division. The news comes a day...
The news comes a day after the e-commerce behemoth said it would lay off hundreds of employees in its streaming and studio business, as tech companies extend their massive job cuts over the past two years into 2024. "I want you to know that we're making these decisions to strengthen our business for the long term," Audible CEO Bob Carrigan wrote in the memo, according to the report. Amazon, which bought audiobook platform Audible for about $300 million in 2008, did not immediately respond to a Reuters request for comment.
(Reuters) - Amazon.com is laying off 5% of the workforce at Audible, Business Insider reported on Thursday, citing a memo by the head of the audiobook ...
Britain's energy regulator Ofgem on Wednesday imposed a 1 pound fine on Shell Energy UK, formerly known as Hudson Energy Supply UK, following a probe into the company overcharging its customers. ... -January 10, 2024 at 05:24 am EST - MarketScreener
US Battery Storage Capacity In 2024: Battery storage works by storing excess power generated during periods of low electricity demand and releasing it when demand is high.