The platform had already made layoffs in March
Posted: Tue Jan 07, 2025 6:14 am
This isn't the first time Twitch has announced a downsizing. In March 2023 , the platform laid off more than 400 employees . At the time, the company explained that this was a necessary measure to ensure the long-term sustainability of the business - basically the same reason given in the most recent statement. However, at the time, there was also mention of challenges arising from the macroeconomic environment and user and revenue growth that did not meet expectations.
Doubts and concerns
Twitch's CEO expressed disappointment at the information leak that occurred the day before and regretted the negative impact it had on employee anxiety. He expressed his original desire to communicate the news directly to the community rather than having it leaked, in the hope that everyone would be able to receive the information that morning and quickly understand how it would affect their roles.
Dan Clancy explained that for those whose roles are belize number data affected, Twitch has established a detailed process for providing information regarding employment termination , severance packages , and one-on-one meetings with team leaders . Additionally, regional All Hands meetings have been scheduled for those whose roles were not affected, providing an opportunity for direct communication with company leadership.
" I will be sending an email to this group of people sharing the unfortunate news that their position is being eliminated and important details about everything we are doing to help them through this transition ," the CEO said.
The statement concludes with an apology to those leaving Twitch , acknowledging their talent and significant contributions to building and fostering the platform's community.
Doubts and concerns
Twitch's CEO expressed disappointment at the information leak that occurred the day before and regretted the negative impact it had on employee anxiety. He expressed his original desire to communicate the news directly to the community rather than having it leaked, in the hope that everyone would be able to receive the information that morning and quickly understand how it would affect their roles.
Dan Clancy explained that for those whose roles are belize number data affected, Twitch has established a detailed process for providing information regarding employment termination , severance packages , and one-on-one meetings with team leaders . Additionally, regional All Hands meetings have been scheduled for those whose roles were not affected, providing an opportunity for direct communication with company leadership.
" I will be sending an email to this group of people sharing the unfortunate news that their position is being eliminated and important details about everything we are doing to help them through this transition ," the CEO said.
The statement concludes with an apology to those leaving Twitch , acknowledging their talent and significant contributions to building and fostering the platform's community.