Twitch, an American video live streaming service company is laying off 400 employees. As per the report it is an part of its new update on cost cutting from its parent company Amazon.
Twitch Layoffs News
In the recent news, Twitch CEO Dan Clancy has posted a blog regarding the latest layoff. Mentioned saying “In order to run our business sustainably, we’ve made the very difficult decision to shrink the size of our workforce.” As a company focused on building community together, this decision was incredibly difficult and one we did not make without considerable thought.
A blog post on Amazon’s site discusses the second round of layoffs this year, following a round in January when more than 18,000 employees were laid off. It consists of comparatively fewer candidates, but is targeted at people working at Amazon Web Services, PXT, Advertising, and, of course, Twitch.
Millions of streamers choose Twitch every day to build and engage with their communities. I and the rest of the leadership team are confident that we have big opportunities ahead to support you and grow Twitch. Our singular focus has always been on inspiring, growing and sustaining our streamers globally, and that will never change said Dan Clancy.
Recently, in IT Industry Indeed, Amazon, Google and many Tech Giant have started laying off people. It is been a difficult year as laying off employees is continuing in the name of cost costing, skill-related issues, growth strategic planning and more.
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