The video game live streaming platform, in a blog post on Monday, said the decision to let go of “over 400 people… was incredibly difficult and one we did not make without considerable thought.” Twitch has been intertwined with the music industry in recent years. Twitch has existing partnerships with independent label agencies like Merlin and with major record labels like Universal Music Group and Warner Music Group, as well as with music publishers.
Source: Twitch cuts over 400 roles amid widespread layoffs at parent company Amazon