Twitch Lays Off 400 Employees, What's The Reason?

Twitch layoffs 400 employees due to macroeconomic impact (photo: Twitch)

JAKARTA - Twitch's Chief Executive Officer (CEO) Dan Clan announced in his latest blog that the company has made the decision to lay off 400 employees.

Although in the end Twitch had to make the layoff decision, Clan admitted that it was not an easy decision, but it was very difficult to make.

"As a company that focuses on building a common community, this decision is very difficult and we don't take it without careful consideration," Clan wrote in his blog.

Clancy also revealed that the reason for dismissing the employee was not without reason, but a company that was affected by the current macroeconomic environment, as well as user growth and income were not in line with expectations.

"To run our business on an ongoing basis, we have made a very difficult decision to reduce the size of our workforce."

Furthermore, he also said that Twitch's mission is to empower communities to be creative together. Where you can rely on Twitch to provide the tools you need to build the community, flow interest safely, and make money by doing the things you like.

"We take this responsibility very seriously and sometimes it is necessary to make a very difficult decision to ensure we protect our business so Twitch can last a long time," Clan explained.

However,ncy and Twitch still believe that with millions of streamers choosing Twitch every day, there will be many great opportunities in the future for the company's sustainability and streamers.

"I and other leadership teams believe that we have a great opportunity ahead to support you and develop Twitch. Our single focus has always been inspiring, growing, and maintaining our streamers globally, and that will never change," he concluded.