Amazon's Media Chief Jeff Blackburn Proclaims Plans to Retire in 2023

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Amazon's Media Chief Jeff Blackburn Proclaims Plans to Retire in 2023
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Amazon's Media Chief Jeff Blackburn Proclaims Plans to Retire in 2023
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Amazon.com’s prime media govt Jeff Blackburn plans to retire firstly of 2023, the e-commerce big stated on Friday.

The corporate stated that the media and leisure companies, led by Blackburn since Could final yr, might be overseen by two present executives, Mike Hopkins and Steve Increase, who will report on to Chief Government Officer Andy Jassy.

The companies embody Prime Video, Amazon Studios, Music, Audible, Video games, and Twitch.

Blackburn, who additionally served as senior vp at Amazon, joined Amazon in 1998 and guided the corporate by its preliminary public providing prospectus at Deutsche Financial institution.

He left Amazon briefly in February 2021, earlier than returning once more in Could 2021.

“I’ve determined to spend 2023 in a different way, giving extra time to household, and really feel strongly that is the best determination for me,” stated Blackburn.

Over the previous yr and a half, Blackburn was a key determine behind the success of exhibits like Rings of Power in addition to the acquisition of film studio MGM this yr, stated Amazon.

In the meantime, Amazon witnessed mass layoffs in November this yr, which at the moment are claimed to increase into subsequent yr, as acknowledged by CEO Andy Jassy. The corporate has knowledgeable staff in its units and books divisions about layoffs. A couple of workers have been additionally provided a voluntary buyout supply.

Amazon has already notified that it will lay off about 260 company staff at numerous services within the state. For these being laid off, Amazon is providing severance packages. It’s one among the many many tech corporations which can be witnessing mass layoffs this yr. Meta and Twitter additionally introduced job cuts in November, shedding hundreds of workers. 

 


 

 

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