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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Every time Amazon has layoffs, remember that all Jeff had to do was give away an insignificant portion of his wealth and save the employees and the company.
While he’s still a leading shareholder, it’s worth reminding that Jeff Bezos isn’t CEO any more. Andy Jassy has been CEO for over two years now.
The fact that few people know/care kinda says it all really…
Could it be because it is dog shit? Ad ridden thot farm that killed APIs and exploits people on both ends of the video.
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).
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.
That sounds like it would be right up Amazon’s alley.
What’s the API ordeal? I don’t use Twitch but I’m curious.
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
Twitch is run like a private equity acquisition. The rates they are forced to pay their parent company, Amazon, are above market value. Twitch’s services will get worse and worse for both streamers and viewers until all the equity is sucked dry. Late stage capitalism y’all.
Have you got a source on that?
I’d be shocked if this were the case, since internal rates at pretty much any tech company (source: I work there) are anything from 50-99% reduced.
I hope you keep your job
It’s not internal information. It’s pretty much common knowledge across tech that companies arrange a rate card with their provider. In the instance of Twitch, even though they’re mostly a separate entity to the rest of Amazon, they’ll almost definitely have a rate card set for AWS resources.
I think they meant because 500 people who also work there are losing their jobs.
Ah, my bad, thanks! To be honest, there is so much fear of layoffs at Amazon that most people are either totally numb to it, or are constantly just waiting for their turn/an opportunity to leave.
I heard from a bigger streamer. But I started believing it because feeds degrade lot more than YT. I constantly get connection issues more than any other streaming site.
I’m vested in some of these smaller streamers, so I don’t want them to lose their income. It feels like twitch is exploiting this sentiment because I’m not alone.
If only Amazon had enough money to keep these employees. Like maybe some extra revenue from ads added onto Prime Video or something.
Lol, they just jacked up the amount of ads on twitch itself.
All they had to do was not spunk half a billion on the LOTR show, and they’d have enough money to keep them enjoyed at above market rate for a decade…
Not shocked at all. Things have gone way downhill since I started with the platform. Time was, I’d start up a stream, a dev would come and hang out and actively chat while they worked. Occasionally they’d ask about my opinion about things that were being developed. It felt like actual, meaningful stuff… That was back when it was still Justin.tv and just a little bit after twitch.tv released. When I stopped streaming regularly a couple years ago, even getting a straight answer from a rep on simple questions was like pulling teeth. Then I’d have times where I’d get several different and conflicting responses for simple stuff like if what we were planning for an event would be kosher. Even arranging for some site coverage felt like begging the mob for a favor. “Alright, we’ll get you front page, but it’ll be at 4am, and only for an hour!”
Brutal. Awful to see.
So letting the camgirls strip didn’t save things huh?
“oh no, there’s girls showing their bodies on my gaming app, they’re taking viewers away from my 7 person stream!!!”
I interviewed there once. They had permanent massage rooms set up and staffed full time. The people in the place were 80% gaming neckbeards, 10% a mix of regular people, and 10% hot nerd gamer babe types they’d hired as eye candy to run around in skimpy outfits. It was so obvious and pretty embarrassing.
… elaborate on the babes?
Headlines all day twitch… This is AMAZON
Its a bit hard to feel bad for them given what an absolute cesspit Twitch is as a company.
Like I understand the people theyre firing wont be the ones making it a shit company, but you still enable it by working there.
I don’t buy it. Many people that work there are there because they want to work for a company with lots of users that enjoy their product/service. It shouldn’t be a reflection on them as people, especially as they’re losing their jobs/co-workers, and are now entering a harsh job market.
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