Amazon is shutting down its Wondery podcast studio, which was acquired in late 2020, and cutting 110 jobs as part of a broad reorganization of its audio business, Bloomberg’s Ashley Carman and Lucas Shaw report. The company plans to move existing Wondery series under its Audible banner or to a new “creator services” team, according to the report, which adds that Wondery CEO Jen Sargent will exit the company.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Notable open interest changes for August 4th
- Amazon’s Robust Q2 2025 Performance and Strategic Growth Drive Buy Recommendation
- ‘Buy the Pullback,’ Says JPMorgan after Amazon Stock (AMZN) Slips Despite a Strong Q2
- Microsoft and Meta Drive Big Tech’s AI Spend Toward $400 Billion
- Top Analysts Raise Amazon Stock (AMZN) Price Target Despite Pullback on Q2 Earnings
