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Twitch CEO: “Twitch is not profitable”
Twitch CEO Dan Clancy has stated the live-streaming platform is not profitable, just days after news broke on significant job cuts
Twitch CEO Dan Clancy has stated the live-streaming platform is not profitable, just days after news broke on significant job cuts impacting around 500 employees. Last month, “prohibitively expensive” costs were cited as the reason for the departure from the Korean market, which is said to be ten times higher than operations in other countries. Clancy has been frank about the situation facing Twitch, but as reported by GGRecon, he warned that things could get worse and offered a rationale on why the staff cuts were necessary.
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