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People on Blind are posting that it's more than just slowing.
by xenihn 7y ago
People on Blind are posting that it's more than just slowing.
- whoisjuan 7y agoIt can't be more than a simple slow. This crisis decimated their revenues while increasing their huge subsidized operational costs like bandwidth. Take for instance YouTube. Just imagine the cost to operate the site increasing exponentially overnight (because of all the quarantined people) while their ad business goes down. You're in the worst possible situation for a business with a model that is heavily dependent on that particular ad revenue. That's like a supermarket having three times more foot traffic but people only buying gum.
- xenihn 7y agoI mean it's worse than just slowing down hiring (according to Blind).
- pm90 7y agoOn the contrary they’re getting a lot more eyeballs so YT has never been in a better position. Advertisers can reach a large chunk of the populace through YT now. When things go south is when consumers stop purchasing. The unemployment and cut in disposable income will have a massive effect on purchasing power... but the federal government is deficit spending like crazy. So... it’s not clear what the consumer market will look like just yet.
- mywittyname 7y agoThe threat to YouTube has also never been higher. The spike in usage means that YT needs content creators to make more, but also earn less money. A forward-thinking startup could capitalize on this by paying content creators more to migrate to their own service, and work to get the attention of those eyeballs which are bored of YT content.
- SpicyLemonZest 7y agoI don't think Blind is a trustworthy source for this kind of thing. I know some companies that are actively hiring - new employees still showing up every week - but have been reported to be on a freeze.
- Game_Ender 7y agoThe first step on the road to a freeze is a headcount cap. If you have 10k engineers and 2% are fired/quit each year that still means 4 new people are starting each week.