The staff facing exit at Prime Video and Amazon MGM Studios in the Americas will be informed on Wednesday and in most other regions by the end of the week. "We've identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and focus on content and product initiatives that deliver the most impact," Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, told employees in a note seen by Reuters.
Juniper jumps on reports Hewlett Packard Enterprise close to $13 billion deal streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Juniper Networks shares
climbed 23% in premarket trading on Tuesday after reports
Hewlett Packard Enterprise was nearing a $13 billion
deal for the networking gear maker to capitalize on the boom.