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Amazon.com’s prime media government Jeff Blackburn plans to retire firstly of 2023, the e-commerce big stated on Friday.The corporate stated that the media and leisure companies, led by Blackburn since Could final yr, will probably be overseen by two present executives, Mike Hopkins and Steve Increase, who will report on to Chief Govt Officer Andy Jassy.The companies embrace Prime Video, Amazon Studios, Music, Audible, Video games, and Twitch.Blackburn, who additionally served as senior vice chairman at Amazon, joined Amazon in 1998 and guided the corporate by means of its preliminary public providing prospectus at Deutsche Financial institution.He left Amazon briefly in February 2021, earlier than returning once more in Could 2021.”I’ve determined to spend 2023 in a different way, giving extra time to household, and really feel strongly that is the proper determination for me,” stated Blackburn.Over the previous yr and a half, Blackburn was a key determine behind the success of reveals like Rings of Energy in addition to the acquisition of film studio MGM this yr, stated Amazon.In the meantime, Amazon witnessed mass layoffs in November this yr, which at the moment are claimed to increase into subsequent yr, as said by CEO Andy Jassy. The corporate has knowledgeable staff in its gadgets and books divisions about layoffs. A couple of staff had been additionally supplied a voluntary buyout supply.Amazon has already notified that it might lay off about 260 company staff at numerous amenities within the state. For these being laid off, Amazon is providing severance packages. It’s one among the many many tech firms which are witnessing mass layoffs this yr. Meta and Twitter additionally introduced job cuts in November, shedding hundreds of staff. Affiliate hyperlinks could also be routinely generated – see our ethics assertion for particulars.
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