Come early 2024, Amazon Prime Video members will no longer get to enjoy ad-free streaming — unless they want to cough up $2.99 more per month.
The mass layoff impacted 3% of the Seattle-based e-commerce giant’s 282,000-strong workforce.
Since 2020, Amazon has opened 44 Amazon Fresh locations and inked nearly three dozen leases that remain construction sites or are vacant — so-called “zombie” storefronts, five of which are located in New York. Prime Video ads — and tiered ad-free offerings — comes at a time when the e-commerce giant has been conducting mass layoffs and leaving a trail of “zombie stores” in an effort to cut costs.Amazon and its Prime Video division aren’t alone in their financial struggles.when it handed 360 people pink slips.
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