Twitch employees are concerned that the streaming platform risks becoming a "zombie brand", and that further layoffs may lie ahead after nearly 1,000 jobs were cut from the company within the last 12 months.
A new report by The Wall Street Journal (via Eurogamer) reveals that Amazon paid $1 billion to acquire Twitch Interactive in 2014, but has received "little financial return" from the service in the ensuing decade. In brief, the report says that Twitch has always struggled to be profitable, even after significant growth following the launch of Fortnite in 2018 and again during the Covid-19 pandemic.
