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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…