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

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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

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[–] EnderMB@lemmy.world 4 points 10 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@lemmy.world 12 points 10 months ago (2 children)

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

[–] EnderMB@lemmy.world 9 points 10 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.

[–] ramblinguy@sh.itjust.works 3 points 10 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