Amazon‘s gamer-centric streaming outlet Twitch is laying off 500 staffers, CEO Dan Clancy told employees in a memo this morning.
The move is being made in sync with cutbacks at corporate siblings Prime Video and Amazon Studios. Bloomberg had reported the layoffs at Twitch on Tuesday.
Clancy said the news had “leaked,” suggesting that the Amazon division had to hold off on confirming any details or answering employee questions in order to co-ordinate today’s announcement with that of the other divisions.
Clancy acknowledged in a blog post that the cuts are “painful” and that they come after the company had already been on a cost-cutting drive.
Read more on deadline.com
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