Amazon cutting several hundred positions across Prime Video and MGM Studios unit

FILE - This March 19, 2018 file photo shows Amazon's Prime Video streaming app on an iPad in Baltimore. Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, said in a note to employees, Wednesday, Jan. 10, 2024, that the staff cuts come as the company identified areas to reduce or discontinue investments while boosting its investment in areas that provide the most impact. AP Photo/Patrick Semansky, File)

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit.

Last month said that Prime Video users would start seeing ads on movies and television shows starting on January 29, setting a date for an announcement it made .

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