Amazon's Audible unit lays off about 5% of staff
Amazon's Audible unit lays off about 5% of staff


The Audible utility is displayed on a smartphone in an organized {photograph} taken in Arlington, Virginia, U.S., on Thursday, May 21, 2020. 

Andrew Harrer | Bloomberg | Getty Images

Amazon‘s Audible division is slicing roughly 5% of its staff in an effort to place the unit “for continued success,” the manager overseeing the division informed staff on Thursday.

The introduced cuts observe the layoffs on Wednesday of hundreds of employees in Amazon’s Prime Video, MGM Studios and Twitch livestreaming units.

“We didn’t take this route with out appreciable thought,” Audible CEO Bob Carrigan wrote in a memo to staffers that was considered by CNBC. “But getting leaner and extra environment friendly is the way in which we might want to function now — and within the foreseeable future — with a purpose to proceed delivering best-in-class audio storytelling to our prospects all over the world.”

Business Insider reported on the cuts earlier.

Amazon acquired Audible, which hosts audiobooks and podcasts, in 2008 for roughly $300 million. The unit has remained largely impartial because the deal. But it isn’t proof against broader cuts underway at its dad or mum. Beginning on the finish of 2022 and persevering with by means of 2023, Amazon initiated the biggest layoffs in its historical past, slicing greater than 27,000 jobs throughout virtually each space of the corporate.

Representatives from Audible did not reply to requests for remark.

Here’s the complete memo from Carrigan:

All,

Today I’ve some tough information to share with you. As we start a brand new yr, we have made the robust determination to cut back roles inside our group.

I need to acknowledge the sturdy yr we had in 2023, during which we delivered wonderful listening experiences for our prospects due to excellent collaboration with creators and companions. Our enterprise is in fine condition, and that’s as a result of of the exhausting work of each one of you. However, to place us for continued success within the coming yr and into the longer term, given the more and more difficult panorama we face, we have now to take this tough determination now. As an organization pushed by our People Principles and particularly Activate Caring, we didn’t take this route with out appreciable thought. But getting leaner and extra environment friendly is the way in which we might want to function now—and within the foreseeable future—with a purpose to proceed delivering best-in-class audio storytelling to our prospects all over the world.

An enormous half of what makes working at Audible so particular is our many gifted and devoted staff who carry their ardour to work each day. It’s additionally what makes it even tougher to say goodbye to folks we care about.

Approximately 5 p.c of our workforce is impacted by this discount. Those staff have already acquired a gathering invite for a dialog with their HR enterprise companions and group leaders.

I acknowledge the influence it will have on these transitioning out of Audible in addition to all of you who stay. Thanks to all who’re leaving us for his or her precious contributions. Please be assured we might be supporting our departing colleagues as they search for their subsequent alternative. This is a tough second, and plenty of of you understandably really feel uncertainty about the longer term. I would like you to know that we’re making these choices to strengthen our enterprise for the long run.

We are effectively positioned to proceed our momentum and maintain the worldwide development that may preserve us the chief in audio storytelling. I might be sharing extra about the highway forward, and answering your questions, at January’s Global Allofus assembly.

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