Amazon Closes Video Game Division
Quote from Ndubuisi Ekekwe on June 17, 2019, 8:07 PMIt is the reality of businesses and markets - Amazon loses one. Yes, the video game development division is disbanded. It has not been lucky on that. For the wins on Alexa/Echo and AWS, Amazon has some loses on Fire phone and video games. No risks, no rewards, they say.
Amazon.com Inc.’s yearslong effort to invade the $130 billion videogame industry is hitting a rough patch. The company last week laid off several dozen employees from its division that develops videogames, according to people familiar with the matter. The layoffs come as Amazon has struggled to produce a hit and make inroads with internal software it hoped would lead more game developers into becoming customers of its cloud service, Amazon Web Services.
It is the reality of businesses and markets - Amazon loses one. Yes, the video game development division is disbanded. It has not been lucky on that. For the wins on Alexa/Echo and AWS, Amazon has some loses on Fire phone and video games. No risks, no rewards, they say.
Amazon.com Inc.’s yearslong effort to invade the $130 billion videogame industry is hitting a rough patch. The company last week laid off several dozen employees from its division that develops videogames, according to people familiar with the matter. The layoffs come as Amazon has struggled to produce a hit and make inroads with internal software it hoped would lead more game developers into becoming customers of its cloud service, Amazon Web Services.