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Amazon cuts hundreds of jobs in Prime Video and MGM Studios
(www.cnbc.com)
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this post was submitted on 11 Jan 2024
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When Jeff Bezos could have prevented it by putting in some of his money. What a dick.
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.
Seems like Bezos kept prices low to grow most quickly, but maybe they’ve shifted to maximizing profit now that they’re a monopoly