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

submitted 6 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 70 points 6 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 95 points 6 months ago* (last edited 6 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 23 points 6 months ago

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

Sorry mate. Keep your head up.

[–] Sludgehammer@lemmy.world 45 points 6 months ago* (last edited 6 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 6 months ago

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

[–] porksoda@lemmy.world 5 points 6 months ago

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

[–] TheBat@lemmy.world 3 points 6 months ago* (last edited 6 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