Sat. Mar 2nd, 2024

Twitch plans to get rid of 35% of its workforce< /p>Open in full screen mode

On the Twitch platform, many Internet users broadcast their video game games live.

Radio-Canada

Speech synthesis, based on artificial intelligence, makes it possible to generate spoken text from written text.< /p>

The live streaming platform Twitch, frequented mainly by fans of video games, is about to lay off 35% of its staff, which represents around 500 people, according to what the Bloomberg agency reported. /p>

Amazon, which owns the platform, could make the announcement today, according to Bloomberg, which spoke with people familiar with the matter .

Twitch, which focuses in particular on the advertising model, is still not profitable, nine years after its acquisition by Amazon for a little less than 1 billion US dollars (around 1.34 billion Canadian dollars), according to the article. Several top executives of the company, including its CEO and co-founder Emmett Shear, have left their positions in the past year.

New Twitch CEO Dan Clancy said in December that the company would end operations in South Korea in February this year due to high operating costs and network fees. Remember that this country is host to electronic sports megastars.

The platform laid off more than 400 staff members in March last year as its expectations for growth in user numbers and revenue fell short. not been filled.

LoadingTowards an inevitable coronation of Donald Trump as the Republican nomination?

ELSE ON INFO: Towards an inevitable coronation of Donald Trump as the Republican nomination?

Twitch did not immediately respond to a request for comment from Reuters.

With information from Reuters and Bloomberg

By admin

Related Post