Amazon Restructures Audio Division: 110 Layoffs, Wondery Integrates with Audible

Amazon is restructuring its audio division, laying off about 110 employees and integrating Wondery's podcast operations into Audible while forming a new creator services team. Wondery CEO Jen Sargent is stepping down amid industry shifts toward video podcasts. This move aims to streamline operations and boost competitiveness against rivals like Spotify and YouTube.