Amazon is set to layoff several hundred employees in its streaming and studio operations, the company announced in an internal memo on Wednesday.The company said the latest job cuts will impact the employees of Prime Video and Amazon MGM Studios. 

Amazon's announcement coincided with that of Google, which is also laying off hundreds of people working on its voice-activated Google Assistant software and the company's Devices and Services team.

The exact number of employees being laid off by the firms was not immediately clear.

Notably, Google fired nearly 12,000 employees in 2023, the biggest lay off in the history of the company in a single year.

In January 2024, Amazon announced that it would be laying off hundreds of employees in its streaming and studio operations. The cuts will impact employees of Amazon MGM Studios and Prime Video. 

Amazon's announcement comes after a wave of layoffs in 2023, when the company cut 18,000 jobs, followed by another 9,000 in March. In total, Amazon cut around 27,000 jobs between the end of 2022 and 2023. 

Google also announced layoffs in 2024, cutting over 1,000 jobs across teams including engineering, augmented reality, hardware, and voice assistant. In January 2023, Google announced 12,000 layoffs, which was about 6% of its workforce.