Technology

55763 readers

2790 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

366

Amazon’s Twitch to Cut 500 Employees, About 35% of Staff (www.bloomberg.com)

submitted 6 months ago by L4s to c/technology

62 comments fedilink hide all child comments

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

you are viewing a single comment's thread
view the rest of the comments

[–] EnderMB 5 points 5 months ago (3 children)

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.

[–] Sarmyth 12 points 5 months ago (2 children)

I think they meant because 500 people who also work there are losing their jobs.

[–] EnderMB 9 points 5 months ago (1 children)

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.

[–] [email protected] 3 points 5 months 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