Hacker News new | ask | show | jobs
by bearmode 891 days ago
So Amazon-owned Twitch makes huge job cuts, they cut jobs in Prime video, introduce ads for prime video users, all within the last few weeks? Is something wrong with Amazon's financials that they're taking more drastic measures?
2 comments

Probably trying to juice operating margins to distract from the capex they are doing that might not pay off for a while (in warehouses etc).
They have been lighting hundreds of millions on fire producing content that isn't good that people don't watch, because they have ideologues running the asylum with no controls, who don't produce good content nor have good taste nor pick material that is popular but rather checks political boxes and makes their Hollywood friends happy[0]. This isn't sustainable, and frankly it is surprising it has gone on this long.

[0] https://www.hollywoodreporter.com/business/business-news/ins...

[1] https://archive.is/f3YPu [https://news.ycombinator.com/item?id=38846097]