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Amazon Lay's off over 100 employees in Wondery unit

Memo: Amazon breaks up its podcast studio and lays off over 100

Amazon is breaking up its Wondery podcast studio as podcast consumption moves to video and celeb-driven shows, letting about 110 people go.

Engadget on MSN · 1d

Amazon splits up the Wondery podcast network and lays off about 110 employees

Four years after Amazon’s acquisition of podcast network Wondery, the tech giant is dismantling its $300 million purchase and reorganizing various audio properties into separate teams at the company. As first reported by Bloomberg, this reorg will see the studio lose about 110 employees, and CEO Jen Sargent is departing the company.

Amazon lays off over 100 employees in Wondery unit as part of audio business restructuring

Amazon acquired Wondery nearly five years ago as part of a push to expand its catalog of original audio content.

1hon MSN

Behind Wondery’s Break Up: Maximizing Podcast Profit Amid YouTube’s Video Dominance

The podcasting company, which saw 110 layoffs, is the latest to pivot as the Google-owned video platform ecosystem pushes ...

7hon MSN

Restructuring Wondery: Amazon Exec Steve Boom on the Company's Mission to Consolidate Podcasts and Focus on Celebrity-Led Titles

In a crowded market, stars shine brightest. This was Amazon's guiding principle in the restructuring of its audio ...

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