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Top related persons:
Twitch - 1 Emmett Shear - 1 Clancy - 1 Doug Scott - 1 Laura Lee - 1 we've - 1 you've - 1 Lauren Nunes - 1
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Amazon - 1 MGM Studios - 1 Clancy - 1 Team - 1

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2 mentions found


☆ Amazon lays off more than 500 employees in its Twitch unit
  + stars: | 2024-01-10 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com   time to read: +5 min
Last March, Twitch let go of roughly 400 staffers, and it cut some employees in its customer experience division last October. Amazon has undergone the largest layoffs in its history, cutting 27,000 employees since 2022. The cuts have been ongoing, with Amazon announcing layoffs in its Prime Video and MGM Studios units on Wednesday. So while the Twitch business remains strong, for some time now the organization has been sized based upon where we optimistically expect our business to be in 3 or more years, not where we're at today. If your role is affected by this decision and you live in the US, Canada, Brazil, Mexico, or Singapore.
Persons: Twitch, Emmett Shear, Clancy, Doug Scott, Laura Lee, we've, you've, Lauren Nunes, Dan Organizations: Amazon, MGM Studios, Clancy, Team Locations: Canada, Brazil, Mexico, Singapore, Twitch
☆ Twitch execs say backlash to the platform's streamer pay changes is overblown, but top creators are still upset: 'It's a big deal'
  + stars: | 2022-10-12 | by ( Tanya Chen | Jp Mangalindan | Geoff Weiss | ) www.businessinsider.com   time to read: +7 min
Twitch's September announcement that it will cut creators' revenue share spawned heated backlash. "There's, yes, angst and there's a lot of noise about [revenue share] right now," said Scott. "You take the streamer rev share and you add on the Prime earning," Minton said. "It's not an easy concept to understand, but in totality, we're effectively paying a 65% rev share, if you include Prime." "The rev share split change will only make a small dent in their journey to boost profitability.
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