Amazon to Lay Off Up to 30,000 Corporate Employees (Report)

Today, Amazon MGM Studios announced significant layoffs, impacting several executives, including Nathan Kitada, a Senior Creative Executive. Kitada has been with the studio for over three years, contributing to projects like 'Criminal' starring Charlie Hunnam. This news is concerning as it reflects broader challenges within the entertainment industry and raises questions about the future direction of MGM under Amazon's ownership.

Donna Rosenstein, who has led casting at Amazon MGM Studios since 2015, is leaving the company as part of a significant layoff affecting 14,000 employees across various Amazon divisions. This news highlights the ongoing challenges within the company and raises concerns about the future of its entertainment division, especially as it navigates a competitive landscape.

Donna Rosenstein's departure from Amazon MGM Studios marks a significant shift in the company's casting leadership, especially as it coincides with Amazon's announcement of 14,000 layoffs due to advancements in AI. This change not only highlights the challenges faced by the entertainment industry but also raises concerns about the future of creative roles in a rapidly evolving technological landscape.

Amazon is facing significant job cuts in its video games division, impacting studios in San Diego and Irvine. This decision comes as the company reassesses its strategy in the evolving games industry. Steve Boom, the vice president overseeing audio, Twitch, and games, emphasized the need for a critical evaluation of their approach. This matters because it reflects broader challenges in the gaming sector and raises concerns about the future of game development at Amazon.

Amazon's gaming division is facing significant challenges as the company announces layoffs and a halt to a large portion of its AAA game development. This shift comes at a time when Amazon had just launched its cloud-gaming platform, Luna, and aimed to expand its portfolio of high-budget games. The decision to cut back on development raises concerns about the future of Amazon's gaming ambitions and its ability to compete in a rapidly evolving industry.

Amazon has confirmed it will lay off 14,000 employees as part of a significant reduction in its corporate workforce, driven by advancements in AI technology. This move highlights the company's ongoing efforts to streamline operations and improve efficiency. Looking ahead to 2026, Amazon anticipates further layoffs as it continues to evaluate its structure. This news is concerning not only for those affected but also for the broader job market, as it reflects the impact of automation on employment.

Amazon has announced significant layoffs, impacting various roles across the company. This decision comes as the tech giant discusses the integration of artificial intelligence into its operations. The layoffs highlight the challenges faced by Amazon in adapting to a rapidly changing market, raising concerns among employees about job security and the future of work within the organization.

Amazon's announcement to lay off 14,000 corporate workers highlights the company's shift towards efficiency and the growing influence of artificial intelligence in the workplace. This decision, affecting about 4% of its corporate workforce, reflects broader trends in the tech industry where automation is reshaping job roles. As companies adapt to rapid technological advancements, the impact on employees raises concerns about job security and the future of work.

Exciting news for Beatles fans! Oscar-winning director Sam Mendes is set to create not one, but four theatrical biopics about the legendary band. Each member will be portrayed by a different actor, and the project promises to delve into the lives of key figures surrounding the Beatles. This ambitious undertaking highlights the enduring legacy of the band and offers a fresh perspective on their story, making it a must-watch for music lovers and film enthusiasts alike.

Exciting news for movie fans! Lionsgate has announced that the film 'Power Ballad,' directed by John Carney and starring Paul Rudd and Nick Jonas, is set to hit theaters on June 5, 2026. The story revolves around Rick, a wedding singer who's lost his spark, and Danny, a boy-band star who's fading from the limelight. Their unexpected friendship blossoms through music, promising a heartwarming tale that resonates with anyone who's ever chased their dreams. This film not only showcases the talents of its stars but also highlights the enduring power of music in connecting people.

The upcoming HBO series 'Lanterns' is generating excitement as showrunner Chris Mundy describes it as a 'buddy cop show' set in the DC Universe. With Aaron Pierre taking on the role of John Stewart, he expresses a deep sense of responsibility for portraying this iconic character. This series, developed under the leadership of James Gunn and Peter Safran, promises to bring a fresh take on superhero storytelling, blending action with camaraderie, which could resonate well with fans and attract new viewers.

The co-creator of 'Only Murders in the Building' has shared exciting insights about the Season 5 finale and what fans can expect in Season 6, including a new victim and a shift to London. This news is significant as it not only teases thrilling developments in the storyline but also highlights the show's evolution and its ability to keep audiences engaged with fresh narratives.

The Tokyo International Film Festival's market arm, TIFFCOM, is experiencing remarkable growth, with CEO Shiina Yasushi highlighting a shift towards becoming a co-production and financing hub. This transformation is significant as it reflects the increasing international interest in Japanese cinema and the potential for collaborative projects. With 322 exhibiting companies expected in 2025, up from 283, TIFFCOM is positioning itself as a key player in the global film industry, fostering partnerships and innovation.

Fifth Season has laid off around 10% of its workforce, affecting fewer than 20 employees out of 160. While this may seem concerning, sources indicate that the company is still in good financial shape, and the layoffs are primarily a matter of staff realignment rather than financial distress. This move reflects the company's strategy to optimize its operations and ensure long-term stability.