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Amazon’s Twitch to Cut 500 Employees, About 35% of Staff (www.bloomberg.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Amazon’s Twitch to Cut 500 Employees, About 35% of Staff::Move is designed to stem losses after two rounds of layoffs last year.

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[–] toiletobserver@lemmy.world 73 points 10 months ago (5 children)

Could it be because it is dog shit? Ad ridden thot farm that killed APIs and exploits people on both ends of the video.

[–] RedditWanderer@lemmy.world 97 points 10 months ago* (last edited 10 months ago) (1 children)

They expected pandemic like growth to continue. Instead they made an absurd amount of money and are going to tone it down, socialise a bit of losses to realign the graph to something they can bullshit investors with.

(I was one of Unity's 1800, so I know the feeling).

[–] mosiacmango@lemm.ee 24 points 10 months ago

(I was one of Unity's 1800, so I know the feeling).

Sorry mate. Keep your head up.

[–] Sludgehammer@lemmy.world 46 points 10 months ago* (last edited 10 months ago)

No no, It just means the market is shifting, people are now un-interested in streaming. It has utterly nothing to do with Twitch being run into the ground by the out of touch decrees of management.

Anyway, more firings for the workers and fluffier golden parachutes for company nobility.

[–] AbidanYre@lemmy.world 13 points 10 months ago

That sounds like it would be right up Amazon's alley.

[–] porksoda@lemmy.world 5 points 10 months ago

What's the API ordeal? I don't use Twitch but I'm curious.

[–] TheBat@lemmy.world 3 points 10 months ago* (last edited 10 months ago)

Ad ridden thot farm that killed APIs and exploits people on both ends of the video.

Try explaining this sentence to someone from 1980s.

#BackToTheFuture