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Amazon s Twitch Cuts More Than 500 Jobs Attempting to Turn Expensive Platform Profitable

Amazon s Twitch Cuts More Than 500 Jobs Attempting to Turn Expensive Platform Profitable
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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Amazon s Twitch Cuts More than 500 Jobs Attempting to Turn Expensive Platform Profitable

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 Dan Clancy in an email to employees said that even with cost cuts and growing efficiency, the platform “is still meaningfully larger than it needs to be given the size of our business.”

San franciscoUnited statesSouth koreaSouth koreanDan clancyTwitch interactive

Amazon s Twitch layoffs: CEO Dan Clancy cuts more than 500 jobs

Amazon s Twitch layoffs: CEO Dan Clancy cuts more than 500 jobs
al.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from al.com Daily Mail and Mail on Sunday newspapers.

San franciscoUnited statesSouth koreaSouth koreanMike hopkinsDan clancyTwitch interactivePrime video

Amazon s Twitch cuts more than 500 jobs attempting to turn expensive platform profitable

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 Dan Clancy in an email to employees said that even with cost cuts and growing efficiency, the platform “is still meaningfully larger than it needs to be given the size of our business.” Amazon purchased Twitch Interactive in 2014 for $970 million as it looked for a way to take part in video gaming’s growth as an online spectator sport.

South koreaSan franciscoUnited statesSouth koreanDan clancyTwitch interactiveTwitch interactiveDan clancy

Amazon s Twitch cuts more than 500 jobs attempting to turn expensive platform profitable – Winnipeg Free Press

Breaking News, Sports, Manitoba, Canada

France generalSouth koreaSan franciscoUnited statesSouth koreanDan clancyMike hopkinsWinnipeg free press newsletterChristophe enaTwitch interactiveFree pressPrime video

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