Amazon has confirmed more than 180 job cuts in its gaming division as part of a major restructuring.
In an internal memo, the company says it’s winding down parts of its business related to streaming and supporting third-party games.
The move means the company will wind down its Game Growth and Crown Channel projects.
Christoph Hartmann, vice president of Amazon Games said Amazon now aims to develop its own titles, including upcoming releases such as “Throne and Liberty” and “Blue Protocol,” along with future initiatives like games based on “Tomb Raider” and “The Lord of the Rings.”
Hartmann wrote in a memo: “I know this is difficult news and that the impact will be felt widely. It never feels good to say goodbye to colleagues.
“This isn’t a decision the leadership team came to quickly; it was the result of extensive considerations and road mapping for our future.”
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This move aligns with Amazon’s broader cost-cutting strategy, led by CEO Andy Jassy.
More than 27,000 Amazon jobs have gone
He has overseen the company’s largest layoffs, totaling 27,000 jobs since last fall.
The cost-cutting measures include a freeze on corporate hiring and efforts to reduce expenses across various business units.
Despite these measures, Amazon reported positive results in its third-quarter earnings.
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The Seattle giant saw a 13 percent revenue increase to $143.1 billion and a significant rise in net income to $9.9 billion from $2.9 billion the previous year.
The decision to streamline the Amazon Games business comes after a thorough evaluation.
Hartmann says the company is committed to focusing efforts and resources “to deliver great games to players now and in the future.”