this post was submitted on 11 Jan 2024
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Amazon cuts hundreds of jobs in Prime Video and MGM Studios::Mike Hopkins, who oversees those units, sent a note to staffers informing them of the job cuts.

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[–] [email protected] 1 points 1 year ago (1 children)

Bezos isn't the CEO. He's a shareholder, but if anything, he's recently poached members of Amazon's exec board, and has sold shares.

[–] [email protected] 1 points 1 year ago

Seems like Bezos kept prices low to grow most quickly, but maybe they’ve shifted to maximizing profit now that they’re a monopoly