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Twitch cuts 35% of its staff, and now more than 500 people are out of work (www.polygon.com)

submitted 10 months ago by mike591@kbin.social to c/gaming@kbin.social

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‘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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[–] KyoStarr@kbin.social 6 points 10 months ago* (last edited 10 months ago)

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?