Amazon to Cut Wondery Staff, Reorganize Audio Business
As podcasting becomes video-oriented, Amazon is shuffling Wondery into Audible and a new “creator services” team while cutting approximately 110 staff members
Amazon.com Inc. is breaking up the operations of its Wondery podcast network as part of a broad reorganization of the business.
About 110 people will lose their jobs because of the move, according to a person familiar with the plans. In addition, Wondery Chief Executive Officer Jen Sargent will exit the company, according to a memo to staff viewed by Bloomberg News. Existing Wondery series will either be moved under Amazon’s Audible banner or become part of the company’s new “creator services” team, which will become home to personality-driven shows, including Jason and Travis Kelce’s podcast. The Wondery brand will still exist on some of these creator services-run shows.