Twitch to Terminate 500 More Employees from Its Workforce

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The Amazon-owned livestreaming platform will cut 35% of its staff, or roughly 500 employees, Bloomberg reports, and will announce the reduction as early as this week. Shortly after Twitch co-founder and longtime CEO Emmett Shear handed the reigns to its now-CEO Dan Clancy, the company laid off 400 employees. Twitch faces steep operating costs to support livestream content at such a large scale. In a 2022 blog post, Clancy stated that each high-volume streamer on Twitch costs the company about $1,000 per month, citing Amazon Web Service’s interactive video rates. “Delivering high definition, low latency, always available live video to nearly every corner of the world is expensive,” Clancy wrote.

The Proliferation of $500 Beauty Advent Calendar Videos on TikTok

Luxury Advent Calendar
Those visceral reactions are why so many content creators are investing in these pricey advent calendars for their TikTok and YouTube channels. “I really did spend over $20,000 on advent calendars,” said Mary Berry, who has been posting daily unboxing videos of luxury advent calendars on TikTok. Advent calendar videos scratch the same itch as online window shopping. Given the changes, advent calendar videos may be more lucrative than ever this year. “These advent calendars may seem like they’re not loaded with significance, but actually they are.