Emmett Shear resigned last week as CEO of Amazon-owned Twitch.

 



Emmett Shear resigned last week as CEO of Amazon-owned Twitch.

 His decision to leave the video game-focused live-streaming platform came ahead of a major round of job cuts expected to affect the company.

Twitch announced on Thursday that Shear would leave his role with immediate effect.

  • He will be replaced by company president Dan Clancy, who reportedly worked closely with his predecessor.
  • Shear co-founded Twitch in 2011, and in 2014, the platform was acquired by Amazon for almost $1B.
  • Twitch increased its focus on live-stream shopping following the acquisition.
  • Shear left the company days before Amazon CEO Andy Jassy announced a new round of layoffs expected to affect Twitch and Amazon Web Services.

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