Amazon's hundreds of reported job cuts show the tech giant bit off more than it could chew with streaming and movies

Amazon's hundreds of reported job cuts show the tech giant bit off more than it could chew with streaming and movies

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Amazon is learning what most legacy media companies already knew: show biz is tough. The ecommerce giant is cutting hundreds of employees from its streaming and movie divisious, according to an internal memo seen by Fortune. The cuts will affect Amazon MGM Studios, Prime Video, and the streaming…

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