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Amazon to lay off gaming-division workers amid restructuring

Clyde Edgerton by Clyde Edgerton
November 13, 2023
in Markets
Amazon to lay off gaming-division workers amid restructuring
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Amazon.com Inc.
AMZN,
+2.25%
is cutting more than 180 jobs as it restructures its gaming division, CNBC reported Monday, citing a memo it said it had reviewed. The goal is to focus on developing its own titles and upcoming launches, the report said. Amazon last year launched a cost-cutting program and has laid off thousands of employees in recent months. Shares of Amazon edged higher in the extended session Monday after sliding 0.7% in the regular session.

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