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    Delicious in Dungeon Exhibition Comes to Malaysia This August

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    Hunter x Hunter Nen x Impact Developers Address Online Play Issues, Promise Quick Fixes

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    Ubisoft Names New Co-CEOs for Tencent-Backed Spinoff Company

    Blue Protocol Star Resonance China

    Blue Protocol: Star Resonance Officially Launches in China

    Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

    Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

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    Nintendo Switch 2 Review – A Familiar Console That Does Everything Better

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    Delicious

    Delicious in Dungeon Exhibition Comes to Malaysia This August

    Troublemaker

    Indonesian-Developed Troublemaker: Raise Your Gang Launches on Switch This July

    Hunter x Hunter Nen x Impact Developers Address Online Play Issues, Promise Quick Fixes

    Hunter x Hunter Nen x Impact Developers Address Online Play Issues, Promise Quick Fixes

    Ubisoft Names New Co-CEOs for Tencent-Backed Spinoff Company

    Ubisoft Names New Co-CEOs for Tencent-Backed Spinoff Company

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    Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

    Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

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    Steam Updates Rules to Ban Content That Violates Payment Processor Standards

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    Nintendo Switch 2 Review – A Familiar Console That Does Everything Better

    Wuchang Release

    Wuchang: Fallen Feathers PC System Requirements and Global Launch Times

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    Junzo Hosoi Discusses the Journey of Atelier Resleriana from Mobile to Console

    Junzo Hosoi Discusses the Journey of Atelier Resleriana from Mobile to Console

    [EXCLUSIVE] Creative Masterminds from Gearbox Software Reveal What Makes Borderlands 4 Worth the Wait

    [EXCLUSIVE] Creative Masterminds from Gearbox Software Reveal What Makes Borderlands 4 Worth the Wait

    Hideo Kojima and Yoji Shinkawa Open Up About Death Stranding 2: Connection, Creativity, and Walking Through Loneliness

    Hideo Kojima and Yoji Shinkawa Open Up About Death Stranding 2: Connection, Creativity, and Walking Through Loneliness

    RAIDOU Remastered Interview – Director Yamai Kazuyuki on Reviving a Classic Detective RPG for Modern Audiences

    RAIDOU Remastered Interview – Director Yamai Kazuyuki on Reviving a Classic Detective RPG for Modern Audiences

    Pac-Man Goes Dark – Producer Seigo Aizawa Reveals the Making of Shadow Labyrinth

    Pac-Man Goes Dark – Producer Seigo Aizawa Reveals the Making of Shadow Labyrinth

    Honor of Kings Producer Reveals Game-Changing Hero Flowborn and Major Updates

    Honor of Kings Producer Reveals Game-Changing Hero Flowborn and Major Updates

    [ASIA EXCLUSIVE] Bringing Back a Classic: Inside the Making of FINAL FANTASY TACTICS – The Ivalice Chronicles

    [ASIA EXCLUSIVE] Bringing Back a Classic: Inside the Making of FINAL FANTASY TACTICS – The Ivalice Chronicles

    Onimusha: Way of the Sword Developers Reveal Details About the Long-Awaited Comeback

    Onimusha: Way of the Sword Developers Reveal Details About the Long-Awaited Comeback

    Diving Deep into the Digital World – Producer Ryosuke Hara Discusses the Direction of Digimon Story Time Stranger

    Diving Deep into the Digital World – Producer Ryosuke Hara Discusses the Direction of Digimon Story Time Stranger

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      Delicious

      Delicious in Dungeon Exhibition Comes to Malaysia This August

      Troublemaker

      Indonesian-Developed Troublemaker: Raise Your Gang Launches on Switch This July

      Hunter x Hunter Nen x Impact Developers Address Online Play Issues, Promise Quick Fixes

      Hunter x Hunter Nen x Impact Developers Address Online Play Issues, Promise Quick Fixes

      Ubisoft Names New Co-CEOs for Tencent-Backed Spinoff Company

      Ubisoft Names New Co-CEOs for Tencent-Backed Spinoff Company

      Blue Protocol Star Resonance China

      Blue Protocol: Star Resonance Officially Launches in China

      Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

      Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

      Steam content guideline update

      Steam Updates Rules to Ban Content That Violates Payment Processor Standards

      Nintendo Switch 2 Review – A Familiar Console That Does Everything Better

      Nintendo Switch 2 Review – A Familiar Console That Does Everything Better

      Wuchang Release

      Wuchang: Fallen Feathers PC System Requirements and Global Launch Times

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      Delicious

      Delicious in Dungeon Exhibition Comes to Malaysia This August

      Troublemaker

      Indonesian-Developed Troublemaker: Raise Your Gang Launches on Switch This July

      Hunter x Hunter Nen x Impact Developers Address Online Play Issues, Promise Quick Fixes

      Hunter x Hunter Nen x Impact Developers Address Online Play Issues, Promise Quick Fixes

      Ubisoft Names New Co-CEOs for Tencent-Backed Spinoff Company

      Ubisoft Names New Co-CEOs for Tencent-Backed Spinoff Company

      Blue Protocol Star Resonance China

      Blue Protocol: Star Resonance Officially Launches in China

      Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

      Cyberpunk 2077’s Big 2.3 Update Rolls Out Today: Auto-Drive, New Quests & Vehicles

      Steam content guideline update

      Steam Updates Rules to Ban Content That Violates Payment Processor Standards

      Nintendo Switch 2 Review – A Familiar Console That Does Everything Better

      Nintendo Switch 2 Review – A Familiar Console That Does Everything Better

      Wuchang Release

      Wuchang: Fallen Feathers PC System Requirements and Global Launch Times

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      Junzo Hosoi Discusses the Journey of Atelier Resleriana from Mobile to Console

      Junzo Hosoi Discusses the Journey of Atelier Resleriana from Mobile to Console

      [EXCLUSIVE] Creative Masterminds from Gearbox Software Reveal What Makes Borderlands 4 Worth the Wait

      [EXCLUSIVE] Creative Masterminds from Gearbox Software Reveal What Makes Borderlands 4 Worth the Wait

      Hideo Kojima and Yoji Shinkawa Open Up About Death Stranding 2: Connection, Creativity, and Walking Through Loneliness

      Hideo Kojima and Yoji Shinkawa Open Up About Death Stranding 2: Connection, Creativity, and Walking Through Loneliness

      RAIDOU Remastered Interview – Director Yamai Kazuyuki on Reviving a Classic Detective RPG for Modern Audiences

      RAIDOU Remastered Interview – Director Yamai Kazuyuki on Reviving a Classic Detective RPG for Modern Audiences

      Pac-Man Goes Dark – Producer Seigo Aizawa Reveals the Making of Shadow Labyrinth

      Pac-Man Goes Dark – Producer Seigo Aizawa Reveals the Making of Shadow Labyrinth

      Honor of Kings Producer Reveals Game-Changing Hero Flowborn and Major Updates

      Honor of Kings Producer Reveals Game-Changing Hero Flowborn and Major Updates

      [ASIA EXCLUSIVE] Bringing Back a Classic: Inside the Making of FINAL FANTASY TACTICS – The Ivalice Chronicles

      [ASIA EXCLUSIVE] Bringing Back a Classic: Inside the Making of FINAL FANTASY TACTICS – The Ivalice Chronicles

      Onimusha: Way of the Sword Developers Reveal Details About the Long-Awaited Comeback

      Onimusha: Way of the Sword Developers Reveal Details About the Long-Awaited Comeback

      Diving Deep into the Digital World – Producer Ryosuke Hara Discusses the Direction of Digimon Story Time Stranger

      Diving Deep into the Digital World – Producer Ryosuke Hara Discusses the Direction of Digimon Story Time Stranger

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      Twitch to Lay Off 35% of Its Workforce, Approximately 500 Workers This Week

      Lucas by Lucas
      2 years ago
      in All, Industry, News
      Reading Time: 1 min read
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      Twitch to Lay Off 35% of Its Workforce, Approximately 500 Workers This Week

      Unedited Image Credit: Twitch

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      Twitch, Amazon’s live-streaming platform is set to lay off 35% of its total workforce, approximately 500 employees as soon as this week.

      According to a Bloomberg report that was released today, this round of lay off is attributed to the “concerns over losses” of the company, on top of the departure of several of their top executives.

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      The live-streaming platform had been trying to boost revenue through a focus on advertisements, but nine years after Amazon’s acquisition of the company, the business has yet to turn a profit, according to Bloomberg sources.

      This marks the second large-scale lay off from Twitch after cutting 400 jobs in March 2023, which would result in losing almost 1,000 workers in less than 12 months.


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      Twitch had also previously announced in December that it would be shutting down its offices and formally exiting the market in South Korea.

      Dan Clancy, CEO of Twitch at that time said, “Ultimately, the cost to operate Twitch in Korea is prohibitively expensive and we have spent significant effort working to reduce these costs so that we could find a way for the Twitch business to remain in Korea”.

      The games industry continues to be impacted by lay offs, following an announcement by Unity Software just yesterday, saying that it was laying off 25% of its staff amid a “company reset”.


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