Amazon’s publishing arm Nervous twitch The company is not doing well and the platform is preparing to terminate the employment of many employees. According to Bloomberg, the company will be in the wave of layoffs that will begin this week with 35% of its employees will say goodbye.

The layoffs at Twitch continue

The resignation of former CEO Emmett Shear, one of Twitch’s founders, and his leadership of the company Then Clancy The first wave of layoffs that began immediately after his arrival left 400 company employees unemployed. They were followed by 180 employees who found themselves unemployed after Amazon closed the Crown channel, and the entire Game Growth division, which was shuttered.

Twitch, over the past few months will withdraw from South Korea, one of the largest esports markets he explained. The reason for this decision was that they were constantly losing money due to the high network costs in the country.

Twitch can’t make money

Although since the pandemic Nervous twitch Although the number of users and publishers has increased significantly, the platform has not yet managed to make a profit. Although they are working to increase advertising, their time is under Amazon in 10 years Twitch was not positive.

Twitch is under a huge burden, especially in terms of operational costs, and is trying to reduce its costs. A blog post published by the platform in 2022 stated that a popular publisher’s monthly fees for the platform were around $1000. CEO of the company clancy““It is expensive to broadcast high-resolution, low-latency live video to almost every corner of the world.” told.