Plex lays off 20% of its workforce amid advertising slowdown
Plex lays off 20% of its workforce amid advertising slowdown

techcrunch.com
Plex lays off 20% of its workforce amid advertising slowdown

Plex lays off 20% of its workforce amid advertising slowdown
Plex lays off 20% of its workforce amid advertising slowdown
Not shocked that the FAST model has unpredictable revenue downturns. But I was surprised to read that Plex has roughly 175 employees - that seems way, way higher than I would have expected.
You need all those employees to make additions to your code like arcade addons... then to deprecate them less than a year later... rinse and repeat.