Amazon share price rises after it lays off even more workers, this time in its gaming divisions

pcgamer.com:

Amazon has laid off around a hundred employees in the latest of a series of severe cuts taking place at the company, Bloomberg(opens in new tab) reports. The affected employees were all part of Amazon's gaming divisions, and were spread out across Prime Gaming, its San Diego games studio, and Game Growth(opens in new tab). 

Execs are trying to pitch this as a realignment rather than a cutback. Christoph Hartmann, VP of Amazon Games, told employees that the company's resources would be aligned to support its «focus on content,» and that it would keep investing in its «internal development efforts». Hartmann even said that Amazon Games' teams would «continue to grow» as its projects moved forward.

Meanwhile, Hartmann said, employees who survived this round of layoffs will «double down» on a project which hasn't been announced yet, and Amazon's Montreal studio will also expand as it works on another unannounced project, though Hartmann didn't say by how much. The corporation will also continue to pursue an expansion of its third-party publishing activities (which makes sense, given the success of Lost Ark(opens in new tab)).

Amazon has still yet to actually release an internally developed game besides New World(opens in new tab), its underwhelming colonial MMO that saw an incredible number of players(opens in new tab) at launch, but proved unable to keep them. That performance didn't seem to influence Amazon's decision, though: Hartmann told staff that the Irvine-based team behind that game would continue to grow, too.

The corporation has been on a spree since the beginning of the year. In January, the company announced 18,000 layoffs(opens in new tab), before going on to announce another 9,000 in March (400 of which were