emmettshear
Twitch has announced it's letting go of 400 staff. CEO Dan Clancy made the news in a statement this week, in which he claimed the streaming platform's "user and revenue growth has not kept pace with our expectations." He said: “Like many companies, our business has been impacted by the current macroeconomic environment, and user and revenue growth has not kept pace with our expectations. “In order to run our business sustainably, we’ve made the very difficult decision to shrink the size of our workforce.” Many companies across the tech and gaming industries are making mass resignations. Just l...
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Twitch co-founder Emmett Shear has resigned as CEO. The internet entrepreneur and investor, who was key in the launch of the streaming platform in 2011 and its predecessor Justin.tv in 2006, has been replaced by current President Dan Clancy in the role of CEO. However, Shear will still have an advisory role. The move comes after Shear became a father for the first time and wanting to spend more time with his son. A Twitch blog post explained: “With my first child just born, I’ve been reflecting on my future with Twitch. Twitch often feels to me like a child I’ve been raising as well. And while...
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