Amazon is laying off hundreds of employees at its studio division as well as its subsidiary, Twitch, to reduce costs, the latest in a wave of new job cuts hitting the tech industry.
Twitch was built for a generation of people raised with video games and like to watch some of the best gamers in the world as many people watch professional sports.
Twitch, the video game streaming platform acquired by Amazon a decade ago for close to $1 billion, is laying off more than 500 employees as the company tries to turn the tremendously expensive division profitable. Twitch CEO