“We’ve made the decision to consolidate a few teams so we can focus on the growth and scaling of Amp,” said the company in a statement.
to reward emerging U.S.-based creators for building loyal audiences on the app.
The cuts at Amp come on the heels of Amazon’s Q3 earnings report on Thursday , when the company revealed it had grown its headcount by just 21,000 employees — a sharp year-over-year drop after it added 133,000 employees over the same period in 2021.said the company was “preparing for what could be a slower growth period” in an anticipation of an economic slowdown, citing inflation and rising energy costs, among other factors. “We are going to be very careful on our hiring,” Olsavsky added.
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