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So Amazon-owned Twitch makes huge job cuts, they cut jobs in Prime video, introduce ads for prime video users, all within the last few weeks? Is something wrong
by bearmode 3y ago
So Amazon-owned Twitch makes huge job cuts, they cut jobs in Prime video, introduce ads for prime video users, all within the last few weeks? Is something wrong with Amazon's financials that they're taking more drastic measures?
- disgruntledphd2 3y agoProbably trying to juice operating margins to distract from the capex they are doing that might not pay off for a while (in warehouses etc).
- PKop 3y agoThey have been lighting hundreds of millions on fire producing content that isn't good that people don't watch, because they have ideologues running the asylum with no controls, who don't produce good content nor have good taste nor pick material that is popular but rather checks political boxes and makes their Hollywood friends happy[0]. This isn't sustainable, and frankly it is surprising it has gone on this long. [0] https://www.hollywoodreporter.com/business/business-news/inside-amazon-studios-jen-salke-vision-shows-1235364913/ https://www.hollywoodreporter.com/business/business-news/ins... [1] https://archive.is/f3YPu https://archive.is/f3YPu [https://news.ycombinator.com/item?id=38846097 https://news.ycombinator.com/item?id=38846097]