Amazon splits up the Wondery podcast network and lays off about 110 employees
Four years after Amazon’s acquisition of podcast network Wondery, the tech giant is dismantling its $300 million purchase and reorganizing various audio properties into separate teams at the company. As first reported by Bloomberg, this reorg will see the studio lose about 110 employees, and CEO Jen Sargent is departing the company.<br /> Amazon told Bloomberg it will continue to produce podcasts, though their place within the company will be restructured. The more narrative-focused podcasts under the Wondery brand, such as American Scandal and Business Wars, will merge with Amazon’s Audible team. Some of these podcasts will retain Wondery branding, and the Wondery Plus app will remain active. Subscribers to Wondery Plus get early access to some podcast episodes through the app, [...]
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