this post was submitted on 12 Jan 2024
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[–] MysticKetchup 13 points 10 months ago (2 children)

Data is surprisingly cheap. It's more than likely just reinvesting any profits into growth to boost stock price/investment. A lot of companies are hitting the point where growth is leveling off, so they've switched to cutting costs

[–] GreatRam 5 points 9 months ago

Bandwidth, which you need for streaming is not cheap

[–] [email protected] 5 points 10 months ago* (last edited 10 months ago)

They thought the party was going to last forever, so they ordered a bunch of jumbo pizzas and kegs

I mean it's more like they paid themselves a bunch of bonuses and hired super duper growth hacking experts or whatever, and now they can't pay for them, so god forbid they cut from the top