Amazon is cutting roughly 150 jobs from its radio app Amp, following the company's third-quarter report that revealed profits are down 9 percent year over year, GeekWire reported Oct. 28.
The company first launched the radio app in March. The layoffs come as the company is looking to slow down its hiring, according to GeekWire.
"At Amazon, we think big, experiment, and invest in new ideas to delight customers," an Amazon spokesperson told GeekWire. "We also continually evaluate the progress and potential of our products and services to deliver customer value, and we regularly make adjustments based on those assessments. Following a recent review, we've made the decision to consolidate a few teams so we can focus on the growth and scaling of Amp."