Comment on Twitch "isn't profitable" admits CEO, in wake of recent layoffs
TwilightVulpine@kbin.social 11 months agoI would hesitate to take a CEO on his word, but if it is actually unprofitable, that's no accident, it's an attempt to corner the market, instead of building something sustainable. Tech companies everywhere keep doing this and it has to stop.
CyberSeeker@discuss.tchncs.de 11 months ago
This. They clearly overextended due to the boom in streaming during the pandemic, and are now reacting to the contraction in content consumption both here, and on YouTube.