Tech Layoffs Highlight Profitability Struggles for Twitch and Amazon

Twitch CEO Dan Clancy admits that the Amazon-owned streaming platform is not profitable, leading to the recent layoffs of over 500 staff members. Clancy emphasized the need to run the company sustainably and ensure its long-term prosperity, acknowledging that it is currently larger than necessary. The platform's struggle to monetize and contain inappropriate content has raised concerns about its financial viability and ability to support its streaming community.