In a memo sent to employees, Audible CEO Bob Carrigan said the company is in good shape, but faces an “increasingly challenging landscape.”
“We did not take this route without considerable thought,” Carrigan said. “But getting leaner and more efficient is the way we will need to operate now — and in the foreseeable future — in order to continue delivering best-in-class audio storytelling to our customers around the world.”
A spokesperson for Audible declined to provide the number of employees who will be affected by the cuts.
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