Twitch cuts 35% of its staff, and now more than 500 people are out of work

mike591@kbin.social to Gaming@kbin.social – 9 points –
polygon.com

‘I regret having to share that we are taking the painful step to reduce our headcount by just over 500 people across Twitch’

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Unfortunately, we still have work to do to rightsize our company and I regret having to share that we are taking the painful step to reduce our headcount by just over 500 people across Twitch.

Absolutely hate that "rightsizing" is a term. It's called downsizing and it will have negative impacts on Twitch users, Twitch as a platform, and the 500 Twitch employees that will be out of a job now.

Maybe Twitch should be "rightsizing" CEO and Executive Suite salaries?