This year has been a real carnage for workers in the world of technology, because practically all companies have laid off a good part of their workforce. Unfortunately, Twitch joins this list today.
Through a press release, Twitch CEO Dan Clancy announced that the company made the difficult decision to reduce its workforce by more than 400 people due to the impact of the current macroeconomic situation on its business. According to the executive, the growth of users and revenue did not meet expectations in recent times, so that measure had to be reached, in order to maintain the business.
Clancy added that although this decision has been difficult, the company is committed to its mission of empowering communities and providing users with the necessary tools to build them, as well as transmitting their passions safely and making money doing what they love.
Of course, the director also assured that the company is focused on protecting its business and ensuring its long-term sustainability to continue supporting and growing its streamers worldwide. This part, obviously, is aimed at people who have capital invested in the streaming giant. While it is true that Twitch is the most important company in the world dedicated to this topic, the capitalist model needs all businesses to grow constantly… or fall.
“Millions of streamers choose Twitch every day to build and interact with their communities. The rest of the leadership team and I are confident that we have great opportunities ahead to support you and grow Twitch. Our singular focus has always been to inspire, grow and sustain our streamers globally, and that will never change,” concluded Clancy.
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