Twitch "isn't profitable" admits CEO, in wake of recent layoffs

Twitch CEO Dan Clancy has admitted the Amazon-owned streaming platform isn't profitable. Clancy led a Q&A stream on Twi…

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I guess they should go out of business then. Of course they won't, because these kinds of statements for companies above a certain size are almost always false.

I guarantee there are things besides layoffs that could be done to enhance profitability. What's the C-suite making?
- Probably just Amazon sucking out more revenue than they should, but since they own Twitch in full they can do whatever they want.

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