Twitch issues layoffs to over 500 staff to ‘rightsize’ its workforce
January 10, 2024 10:32 AM
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Twitch, the Amazon-owned live streaming platform, has laid off 35% of its staff, or just over 500 employees. CEO Dan Clancy said these cuts are designed to “rightsize” Twitch’s workforce.
Twitch has struggled to turn a profit since Amazon bought the service about a decade ago. Since taking over for Emmett Shear, Clancy and Twitch made major cuts ...
Read more at venturebeat.com