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submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] RedditWanderer@lemmy.world 97 points 10 months ago* (last edited 10 months ago)

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 24 points 10 months ago

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

Sorry mate. Keep your head up.

this post was submitted on 10 Jan 2024
366 points (97.9% liked)

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