The recent mass layoffs across Amazon Prime Video and MGM Studios are part of a plan to consolidate the two divisions. A memo to staff from head of Amazon Studio Jen Salke was released to the media on Wednesday.
An insider familiar with the matter told TheWrap the released memo is accurate.
“While we will continue to make significant content investments and deliver a robust slate, it’s also important that we continue to focus on becoming more operationally efficient and coordinated in driving success across our business,” Salke wrote.
Part of these layoffs have to do with a plan to consolidate Amazon Studios and MGM’s theatrical distribution.