Twitch is slicing one-third of its personnel

“I remorseful about having to percentage that we’re taking the painful step to cut back our headcount through simply over 500 other folks throughout Twitch,” Clancy wrote. “This will likely be an overly laborious day.”Within the announcement, Clancy famous that Twitch paid out over $1 billion to streamers remaining 12 months, remarking that “whilst the Twitch industry stays robust, for a while now the group has been sized based totally upon the place we confidently be expecting our industry to be in 3 or extra years, no longer the place we’re at these days.”The cuts at Twitch have been accompanied through layoffs in different places at Amazon these days. The corporate’s Top Video and MGM Studios divisions additionally lower masses of roles.

Author: OpenAI