Amazon plans to restructure Wondery, its podcast studio, separating part of it to combine with Audible while retaining a new team for creator-led podcasts. Approximately 110 employees will be laid off during this transition. The restructuring aims to streamline Wondery’s operation within Amazon, allowing better support for creators in monetizing content and simplifying processes for advertisers. CEO Jen Sargent is expected to exit the company after the transition, indicating significant changes at the top level.
Amazon is executing a separation of teams within Wondery to better integrate into Amazon and support creators in monetizing their content across multiple channels.
Part of Wondery will separate from the Wondery brand and combine with Amazon-owned Audible, while Wondery will continue to develop creator-led podcasts under a new team.
Amazon will reportedly cut 110 jobs as part of the restructuring, which includes changing the prominence of the Wondery brand.
CEO Jen Sargent will exit the company following the transition period amid the changes and layoffs.
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