Amazon's Twitch cuts over 500 jobs in attempt to be profitable

Amazon's Twitch cuts over 500 jobs in attempt to be profitable

Newsy

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ViewTwitch, 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...

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