Amazon’s Twitch Cutting 500 Jobs to ‘Rightsize’ the Business

Twitch, the Amazon-owned livestreaming platform, announced that it’s reducing its headcount by “just over 500 people.”

The update comes as reports claim that Amazon is also cutting hundreds of jobs in its Prime Video and MGM Studios division.

What’s happening at Twitch?

In a blog post on Jan. 10, Twitch CEO Dan Clancy said a lot of work still needs to be done to “rightsize our company.”

“Over the last year, we’ve been working to build a more sustainable business so that Twitch will be here for the long run and throughout the year we have cut costs and made many decisions to be more efficient,” Clancy said.

“Unfortunately, despite these efforts, it has become clear that our organization is still meaningfully larger than it needs to be given the size of our business.”

He added that the job cuts are necessary to ensure “we can continue to serve our streamers sustainably without impacting their ability to support their careers on Twitch.”

SEE ALSO
• Twitch hit with ‘unexpected layoff’ ahead of TwitchCon, reports claim
• Amazon Layoffs in Canada

Impact in Canada

It remains unclear how many Canadian employees are affected by the latest reduction at Twitch.

According to the company’s LinkedIn page, it has more than 700 workers in the country.

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