Thirty-seven people were cut, and the layoffs affect every department at the company, according to a memo from the CEO.

  • TurnItOff_OnAgain@lemmy.world
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    1 year ago

    “the only way to reach profitability under these constraints is to significantly reduce our personnel expenses,” Valory said.

    Sure, lay people off. I’m sure executive pay and bonuses aren’t going anywhere though.

  • _MoveSwiftly@lemmy.world
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    1 year ago

    I’d be fine paying them a subscription fee, if they responded to our bug report and feature requests. That’s much more preferable than ads.

  • slugworth@lemmy.world
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    1 year ago

    Plex is amazing. I got a lifetime sub 12 years ago and have no regrets. Hoping they can line up some good revenue streams and keep the great development going! I also use Jellyfin, for my my questionable content. 😄

    • krische@lemmy.world
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      1 year ago

      I understand the appeal of the large influx of revenue that a lifetime subscription offers a company; but boy does it sure seem short sighted. Surely they would be better off offering some type of discount on like a 2 or 5 year deal.

      • dodgypast@lemmy.world
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        1 year ago

        Getting Plex Pass for 75 USD got me into the ecosystem. Now I promote and help support their product for free.

        Satisfied customers still provide value to Plex.

  • dill@lemmy.one
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    1 year ago

    Surprised they held out this long. What company is not laying off employees right now