this post was submitted on 10 Jan 2024
304 points (97.5% liked)

Technology

73370 readers
4948 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
 

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

you are viewing a single comment's thread
view the rest of the comments
[–] toiletobserver@lemmy.world 67 points 2 years 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 89 points 2 years ago* (last edited 2 years 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 20 points 2 years ago

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

Sorry mate. Keep your head up.

[–] Sludgehammer@lemmy.world 42 points 2 years ago* (last edited 2 years 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 2 years ago

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

[–] porksoda@lemmy.world 5 points 2 years ago

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

[–] TheBat@lemmy.world 2 points 2 years ago* (last edited 2 years 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