#reorganization

#reorganization

Amazon's cuts come amid the trend of what some have called the "forever layoff," where reductions come in batches, rather than a single sweeping reorganization.

Farrell joined TikTok nearly six years ago, starting on the company's Latin America marketing team before shifting to its operations division and later taking over as global creator lead in late 2023. In December, she helped organize TikTok's first awards show for creators at the Hollywood Palladium theater in Los Angeles. Prior to TikTok, Farrell worked in marketing at Booking.com and Google.

Amazon is shutting down its Wondery podcast studio and cutting 110 jobs as part of a reorganization of its audio business to better compete with rivals.

According to McKinsey, fewer than one in three organizational transformations actually succeed in improving performance and sustaining those gains, even when leaders are well-intentioned and highly motivated.

The layoffs will streamline operations, centralizing key functions and reducing costs, as part of an effort to improve profitability and efficiency at Match Group.