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Twitch "isn't profitable" admits CEO, in wake of recent layoffs (www.eurogamer.net)
submitted 8 months ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works
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[-] circuitfarmer@lemmy.sdf.org 2 points 8 months ago

I guess they should go out of business then. Of course they won't, because these kinds of statements for companies above a certain size are almost always false.

I guarantee there are things besides layoffs that could be done to enhance profitability. What's the C-suite making?

[-] 000@fuck.markets 2 points 8 months ago

Probably just Amazon sucking out more revenue than they should, but since they own Twitch in full they can do whatever they want.

this post was submitted on 12 Jan 2024
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