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Plex lays off 20% of its workforce amid advertising slowdown
(techcrunch.com)
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this post was submitted on 29 Jun 2023
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Not shocked that the FAST model has unpredictable revenue downturns. But I was surprised to read that Plex has roughly 175 employees - that seems way, way higher than I would have expected.
You need all those employees to make additions to your code like arcade addons... then to deprecate them less than a year later... rinse and repeat.