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Amazon’s Twitch to Cut 500 Employees, About 35% of Staff (www.bloomberg.com)

submitted 5 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Amazon’s Twitch to Cut 500 Employees, About 35% of Staff::Move is designed to stem losses after two rounds of layoffs last year.

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[–] Sludgehammer@lemmy.world 45 points 5 months ago* (last edited 5 months ago)

No no, It just means the market is shifting, people are now un-interested in streaming. It has utterly nothing to do with Twitch being run into the ground by the out of touch decrees of management.

Anyway, more firings for the workers and fluffier golden parachutes for company nobility.