Amazon-owned Audible cuts 5% of its workforce

Audible, an Amazon-owned audiobook company, is reportedly laying off 5% of its staff. In an internal memo, Audible CEO Bob Carrigan praised the staff for their success in 2023 but mentioned the 'increasingly challenging landscape' as the reason for the job cuts. Amazon has not yet made an official statement regarding the layoffs.

Amazon-owned Audible cuts 5% of its workforce
Audible, an Amazon-owned audiobook company, is reportedly laying off 5% of its staff. In an internal memo, Audible CEO Bob Carrigan praised the staff for their success in 2023 but mentioned the 'increasingly challenging landscape' as the reason for the job cuts. Amazon has not yet made an official statement regarding the layoffs.