Page 19 - Dan Clancy News Today

Amazon's Twitch will be undergoing another round of layoffs for 35% of its staff. Twitch will be laying off approximately 35% of its staff, or 500 of its employees just after the company laid off 400 employees last March 2023, as reported by Tech Crunch, citing Bloomberg as their source.

Twitch CEO Dan Clancy said the cuts were being made in an effort to "rightsize our company."

Twitch CEO Dan Clancy said in his message to employees he was "disappointed" that news of the layoffs leaked on Tuesday.

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last month Amazon said that Prime Video users would start seeing ads on movies and television shows starting on January 29, setting a date for an announcement it made back in September. Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, said in a note to employees that the company is boosting investment in areas with the most impact, while stepping back from others.

Live streaming platform Twitch is kicking off the new year by giving 35% of its staff the boot. After news leaked about potential layoffs on Jan. 9, Twitch…

Twitch, the Amazon-owned livestreaming service, is allegedly cutting hundreds of roles as it struggles to make a profit.

Amazon‘s gamer-centric streaming outlet Twitch is laying off 500 staffers, CEO Dan Clancy told employees in a memo this morning. The move is being made in…

Inflation will fall below 2pc by April or May this year, economists have said, in a boost to mortgage holders hoping for interest rates to fall.

Online giant Amazon is eliminating hundreds of positions across various video and streaming divisions — cuts that come as the company has eliminated more than 27,000 jobs over the past year.

San Francisco-based technology company Twitch announced it is laying off 35% of its staff, CEO Dan Clancy announced.