Amazon’s Media Chief Jeff Blackburn Announces Plans to Retire in 2023

Amazon.com’s prime media government Jeff Blackburn plans to retire firstly of 2023, the e-commerce big mentioned on Friday.

The firm mentioned that the media and leisure companies, led by Blackburn since May final yr, shall be overseen by two present executives, Mike Hopkins and Steve Boom, who will report immediately to Chief Executive Officer Andy Jassy.

The companies embrace Prime Video, Amazon Studios, Music, Audible, Games, and Twitch.

Blackburn, who additionally served as senior vice chairman at Amazon, joined Amazon in 1998 and guided the corporate via its preliminary public providing prospectus at Deutsche Bank.

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

“I’ve decided to spend 2023 differently, giving more time to family, and feel strongly this is the right decision for me,” mentioned 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, mentioned Amazon.

Meanwhile, Amazon witnessed mass layoffs in November this yr, which are actually claimed to prolong into subsequent yr, as acknowledged by CEO Andy Jassy. The firm has knowledgeable staff in its gadgets and books divisions about layoffs. A couple of staff had been additionally supplied a voluntary buyout supply.

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