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Audible Cuts Over 100 Employees in Surprise Restructuring

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If you assumed that Big Tech’s challenging year of workforce reductions would be limited to 2023, unfortunately, that’s not the case. Audible carried out layoffs affecting approximately five percent of its workforce on Thursday, amounting to “just over 100 staffers,” as reported by Variety. These cuts, occurring in the audiobook division, align with the recent round of layoffs at the parent company, Amazon, which also impacted Prime Video, MGM, and Twitch.

According to reports, Audible CEO Bob Carrigan addressed the staff in an audio memo, stating, “We did not take this route without considerable thought. But becoming more streamlined and efficient is the approach we must adopt now — and in the foreseeable future — to maintain our commitment to delivering top-notch audio storytelling to our customers worldwide.”

For those keeping track, the use of “leaner and more efficient” mirrors the language employed in numerous recent announcements related to layoffs in Big Tech. Variations of phrases like “In these uncertain times…” have also been commonly observed.

Carrigan ironically opened his address by highlighting Audible’s impressive performance in the previous year. According to reports, he stated, “I want to acknowledge the strong year we had in 2023, in which we delivered amazing listening experiences for our customers thanks to outstanding collaboration with creators and partners. Our business is in good shape, and that is because of the hard work of each and every one of you.”

The CEO expressed the company’s deep appreciation for its employees, emphasizing the significance of their dedication. He remarked, “A big part of what makes working at Audible so special is our many talented and dedicated employees who bring their passion to work each and every day. It’s also what makes it even harder to say goodbye to people we care about. I recognize the impact this will have on those transitioning out of Audible as well as all of you who remain. Thanks to all who are leaving us for their valuable contributions.”

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