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Amazon Unit Cutting 100 Employees, 5% of Workforce

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Audible, the Amazon-owned audiobook and podcast division, is laying off about 5% of its employees, representing just over 100 staffers. The cutbacks come as other Amazon groups — including Prime Video, Amazon MGM Studios and Twitch — this week are pink-slipping several hundred workers.

Audible CEO Bob Carrigan informed employees of the cuts in an audio memo Thursday. The layoffs do not affect Audible’s content teams, a source told Variety.

“We did not take this route without considerable thought,” Carrigan said in the message. “But getting leaner and more efficient is the way we will need to operate now — and in the foreseeable future — in order to continue delivering best-in-class audio storytelling to our customers around the world.”

Carrigan also said, “I recognize the impact this will have on those transitioning out of Audible as well as all of you who remain. Thanks to all who are leaving us for their valuable contributions… This is a hard moment, and many of you understandably feel uncertainty about the future. I want you to know that we’re making these decisions to strengthen our business for the long term.”

Carrigan was named Audible’s CEO in 2019, taking over for Don Katz, who founded Audible in 1995 and stepped aside as chief executive to become executive chairman.

Amazon acquired Newark, N.J.-based Audible in 2008 in a deal worth about $300 million. The cuts at Audible were first reported by Business Insider.

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