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Running a large-scale website supporting 1.8 billion hours of live video content a month is enormously expensive, despite Twitch’s reliance on Amazon’s infrastructure, company executives have said.
Amazon-owned live game streaming platform Twitch is reportedly laying off 35 per cent of its workforce, about 500 employees, this week.Twitch laid off dozens of employees last year, and has shut down its service in South Korea due to ...
Amazon.com's streaming unit Twitch is set to cut 35 per cent of its staff, or about 500 workers, Bloomberg News reported on Tuesday (Jan 9), citing people familiar with the plans. The move could be announced as soon as Wednesday, the report added. The business remains unprofitable nine years after Amazon's acquisition of the company, the report said. Twitch did...
The cuts come amid concerns over losses at Twitch and after several top executives left the company in the span of a few months
Running a large-scale website supporting 1.8 billion hours of live video content a month is enormously expensive, company executives have said.