Four hundred of the 9,000 laid off workers were from the streaming platform, Twitch. The layoffs come days after Twitch CEO Emmett Shear stepped down from his role.
More than 400 Twitch workers were impacted by Amazon’s expansive layoffs announced Monday, according to a memo from new Twitch CEO Dan Clancy. The company cut 9,000 jobs total across its Amazon Web Services, human resources, Twitch, and advertising divisions. News of the layoffs comes days after former Twitch CEO Emmett Shear stepped down from that role.
Clancy blamed the layoff on “the current macroeconomic environment,” saying user and revenue growth did not meet expectations. “In order to run our business sustainably, we’ve made the very difficult decision to shrink the size of our workforce,” Clancy said.
