Highlights

  • Audible CEO Bob Carrigan hints at possible future layoffs
  • Tech giants Google and Microsoft recently announce significant job cuts.

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Audible CEO refused to confirm the end of layoffs amidst industry-wide job cuts

The possibility of future layoffs has created unease among Audible employees. Carrigan's reluctance to confirm the cessation of job cuts and his focus on customer-centric initiatives indicate a strategic pivot for Audible in the face of challenges 

Audible CEO refused to confirm the end of layoffs amidst industry-wide job cuts

In a recent internal meeting, Audible CEO Bob Carrigan addressed concerns about recent layoffs within the Amazon unit, but refused to confirm that the job cuts are over.

Just two weeks after the company reduced its staff by 5%, Carrigan faced a wave of questions from employees, reflecting heightened anxieties about job security and the overall morale within the company.

During the meeting, an employee directly asked Carrigan about the possibility of more layoffs this year. However, the CEO opted not to give a definitive answer, instead emphasizing the "very aggressive action" taken earlier in the year and acknowledging the prevailing anxiety among employees.

"I've always said that I can't make any promises — I can't do that. We took action, and we have a plan now for the year that we're going to go and execute on, and we should be focused on our customers," Carrigan stated.

The uncertainty surrounding potential layoffs has left Audible employees uneasy about their future within the company. Carrigan's refusal to confirm the end of layoffs and his emphasis on customer-centric initiatives suggest a strategic shift for Audible amidst economic uncertainties.

The aftermath of the recent workforce reduction has already contributed to a sense of unease among employees, and Carrigan's statements leave room for speculation about the company's future actions. Additionally, the recent layoffs at other tech giants like

Google and Microsoft add to the overall climate of uncertainty. Google reportedly cut 1,000 more employees in a recent round of layoffs, while Microsoft announced the elimination of 1,900 roles from its Xbox and Blizzard gaming divisions to streamline costs and make better strategic decisions.

This trend across the tech industry further heightens concerns about job stability and the overall economic landscape.

Also Read: China attempts to curb stock market plunge with short selling crackdown


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