The development team behind Blizzard's now-cancelled survival game, reportedly called Odyssey, is seemingly among the teams dramatically impacted by the layoffs at Microsoft today.
10.01.2024 - 17:08 / techradar.com / Dan Clancy / Lays Off
Update: Twitch has now publicly confirmed that it has laid off «just over 500 people.»
In a blog post published today (January 10), CEO Dan Clancy said: «We've made the difficult decision to reduce the size of our workforce today.
»At this point in time, we are focused on communicating with our employees and providing them with clarity on how this impacts each of them. We greatly value the employees we’re saying goodbye to today as people and professionals and are grateful for all their efforts to support all of you."
Furthermore, Clancy shared an email which was sent out to staff regarding the decision. In this, he noted that «it has become clear that our organization is still meaningfully larger than it needs to be given the size of our business,» and was sized based on where it was hoped the business would be in several years.
«This decision, while incredibly difficult and painful, is necessary to ensure that we can continue to serve our streamers sustainably without impacting their ability to support their careers on Twitch,» Clancy told staff. «Part of what makes this so difficult is the passion that so many of you share for the Twitch community, and the hard work you’ve put into serving our streamers.»
Concluding his email to staff, Clancy said that «our focus is on taking care of each other.» He added: «I am always grateful for how well you all support and show up for one another during our best and most difficult moments.»
This article's headline has been altered to reflect this update.
Original story:
Live-streaming service Twitch is reportedly planning to make huge cuts to its workforce with around 500 members of staff expected to be affected, according to Bloomberg.
The report, which was published yesterday (January 9) claims that in total, approximately 35% of Twitch’s workforce will be impacted. This comes less than a year after the Amazon-owned streaming service announced that it was laying off over 400 people, in what CEO Dan Clancy described as a “difficult decision” which was not made “without considerable thought.”
TRG has reached out to Twitch for comment and will update this story if we get a response.
Last November, Amazon Games made cuts to over 180 jobs as the decision was made to shut down Crown Channel (an online streaming channel which regularly featured Twitch stars) and Game Growth. Game Growth described its aim as enabling “game consumers to easily find and access any game experience, for any platform, anywhere in the world” while “re-imagining how game creators promote their products.”
Layoffs were sadly constant in the games industry last year, and this latest report from Bloomberg isn’t the first time that they’ve been brought up in 2024. Yesterday (January 9), it was
The development team behind Blizzard's now-cancelled survival game, reportedly called Odyssey, is seemingly among the teams dramatically impacted by the layoffs at Microsoft today.
Twitch has announced a major change to its Partner Program set to start later this year, expanding the qualifications for the site's lucrative revenue split. The streaming platform's partnership program has undergone a plethora of major changes throughout recent years, both adjusting its revenue splits and changing its partnership contracts. Last year saw Twitch introduce a new 50/50 revenue split with partnered creators, which was met with significant controversy and later saw a 70/30 revenue split introduced through its Partner Plus Program. Now, Twitch is set to expand its highest partnership tier.
Outriders and Bulletstorm developer People Can Fly has joined the long list of developers and companies in the games industry that have been hit with layoffs, less than a month into 2024. As per a report by Kotaku, the studio has laid off over 30 people.
Sign up for the GI Daily here to get the biggest news straight to your inbox
A bunch of companies in the technology sector have been laying off some of their employees recently after quickly ramping up hiring during the COVID-19 pandemic while people spent more time and money online. Now, many of them are making job cuts to help lower costs and bolster their bottom lines. Here's some of the companies that have laid of employees of late:
People Can Fly, the developer behind the likes of Outriders and Bulletstorm, has reportedly laid off «over 30 people» working on a currently unannounced game — codenamed Project Gemini — that's set to be published by Square Enix.
Twitch has reportedly issued a 30-day suspension to popular streamer Boggles1, following an on-stream stunt that saw the content creator gain plenty of notoriety throughout recent weeks. The Amazon-owned streaming platform has been no stranger to doling out bans to some of the biggest content creators using the platform, often garnering criticism for its policies. Popular streamers like IShowSpeed and Amouranth have been on the receiving end of Twitch's disciplinary action, with the former banned for nearly two years. Now, Boggles1 has become the newest streamer to receive a temporary ban.
Twitch is expanding its Partner Plus programme to allow more streamers to benefit from its higher revenue share.
League of Legends publisher Riot Games has cut 11% of its staff, resulting in 530 layoffs. The major company restructure will see the company’s entire Riot Forge studio shut down and include cuts to theLegends of Runeterra development team.
Twitch has released details of its next TwitchCon events in both Europe and the US.
Amazon-owned Twitch is preparing to lay off 35 percent of its employees or a little over 500 people. The news was first reported by Bloomberg on Tuesday and confirmed a day later by Twitchin a blog post signed by CEO Dan Clancy. Employees will learn today via email whether they are or aren't losing their jobs.
In a follow-up livestream after a recent layoff announcement, CEO Dan Clancy confessed that Twitch is not profitable and has been relying heavily on support from parent company Amazon to sustain itself. Twitch just announced a massive round of layoffs, with roughly 500 people affected, and this subsequent statement regarding Twitch's financial stability has left many wondering if the platform's future is in jeopardy.