Amazon plans to lay off approximately 110 employees as part of a strategy overhaul for its Wondery podcast business, shifting ...

Amazon on Monday said it would lay off 110 people in its audio division Wondery, as more podcasts are including video.

The podcasting company, which saw 110 layoffs, is the latest to pivot as the Google-owned video platform ecosystem pushes ...

Intense competition, high costs and a growing preference for creator-led video have prompted audio streaming companies to diversify their podcasts.

Former Sony Worldwide Studios President Shawn Layden is concerned the gaming industry is making the same mistakes of the music industry.

Amazon stated that most of the employees laid off from Wondery have been shifted to other divisions with the company, but ...

Spotify stock slipped around 8% shortly after the opening bell on Tuesday after the audio giant posted a second quarter loss, missed revenue expectations, and issued softer guidan ...

Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as "Business ...

Amazon has set a sweeping reorganization of its audio divisions, laying off 110 workers and shuttering its Wondery studio.

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