Twitch lays off more than 400 employees as Amazon cuts another 9,000 jobs
pcgamer.comMore than 400 employees are being laid off from Twitch as a result of «the current macroeconomic environment,» which the company said is making it difficult to meet its financial expectations. The layoffs are part of wider job cuts at Twitch parent company Amazon, which said today that it will eliminate approximately 9,000 jobs over the next few weeks.
«As a company focused on building community together, this decision was incredibly difficult and one we did not make without considerable thought,» Twitch CEO Dan Clancy said in a statement(opens in new tab).
«Like many companies, our business has been impacted by the current macroeconomic environment, and user and revenue growth has not kept pace with our expectations. In order to run our business sustainably, we’ve made the very difficult decision to shrink the size of our workforce.»
Amazon CEO Andy Jassy provided a little more context to the cuts in his own statement(opens in new tab), saying that Amazon's businesses have «added a significant amount of headcount» over the past several years. But the «uncertainty» of the current and future economy means Amazon has «chosen to be more streamlined in our costs and headcount,» which means that people who used to have jobs now do not.
This is Amazon's second huge round of layoffs, following the elimination of 18,000 jobs(opens in new tab) in January. It comes in the midst of comparably large-scale job cuts at other major tech companies including Facebook parent company Meta(opens in new tab), which laid off more than 21,000 employees across two rounds of cuts, Microsoft(opens in new tab), which eliminated 10,000 jobs in January, and Google(opens in new tab), which cut 12,000 employees just a couple days after the Microsoft
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