Amazon's Twitch cut 35% of staff in January 2024 amid persistent unprofitability under Amazon ownership
Jan 10, 2024On January 10, 2024 Twitch CEO Dan Clancy announced the platform would cut approximately 500 employees, roughly 35% of its workforce. The cuts followed a smaller 400-person round in March 2023 and came as Twitch shut down operations in South Korea, ended Twitch Prime in Japan, and faced ongoing creator-payout disputes. Clancy attributed cuts to persistent unprofitability under Amazon ownership a decade after the $970M acquisition.