Twitch Set to Reduce Workforce by 35%, Cutting 500 Jobs Amidst Financial Struggles and Executive Turnover

Twitch, the livestreaming platform owned by Inc., is reportedly planning to lay off about 500 employees, constituting 35% of its staff. This decision, as per sources familiar with the matter and reported by Bloomberg, could be officially announced as soon as today.

The layoffs at Twitch are due to financial losses and follow the recent departure of several top executives. These changes mark a significant shift in Twitch’s operational strategy and hint at potential restructuring efforts within the company.

A Twitch spokesperson has declined to comment on these developments. More information on this situation is expected to emerge soon, providing a clearer picture of Twitch’s future direction and the impact on its community and services. Stay tuned for further updates on this evolving story.

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Dejan Kacurov

Hello everyone! My name is Dejan, but you can call me Mr.D. I enjoy all video games, especially Apex Legends, Pokemon Go, and Spider-Man. A husband and father of two who also goes to the gym often and does Crossfit. I got inspiration for gaming exactly 8 years ago, and I've been writing gaming news for 7 years. I hope that you will find all the answers to your questions regarding gaming on our site. Stay healthy, and love each other!

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