MediaUS

Audible Layoffs

January 2024

Audible announced a layoff affecting 100 employees (5% of its workforce) in January 2024. The company operates in the Media sector.

People Affected

100

Percentage

Announced Date

Jan 11, 2024

About

Audible, the Amazon-owned audiobook and podcast service, laid off just over 100 employees, representing about 5% of its workforce, in January 2024. This move is part of broader cost-cutting efforts across Amazon, impacting divisions like Prime Video and Twitch. CEO Bob Carrigan explained the decision was necessary to become leaner and more efficient amid a challenging business landscape, aiming to ensure long-term success despite the company having a strong 2023. The layoffs did not affect content teams.