Move is designed to stem losses after two rounds of layoffs last year.

Amazon’s Twitch to Cut 500 Employees, About 35% of Staff::Move is designed to stem losses after two rounds of layoffs last year.

  • EnderMB@lemmy.worldEnglish
    252·
    1 year ago

    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.

    • gastationsushi@lemmy.worldEnglish
      112·
      1 year ago

      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.

      • EnderMB@lemmy.worldEnglish
        61·
        1 year ago

        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.

          • EnderMB@lemmy.worldEnglish
            101·
            1 year ago

            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.

            • ramblinguyEnglish
              41·
              1 year ago

              I feel ya man, I don’t work at Amazon but at a fintech startup, and I’ve survived through so many rounds of layoffs, demotions, and “restructurings” that I’m kinda numb to it all and just waiting for my turn too haha