Plex lays off 20% of its workforce amid advertising slowdown
Plex lays off 20% of its workforce amid advertising slowdown
Plex, the free streaming app, laid off approximately 20% of its staff. The company reportedly blames a slowdown in the advertising market.
Thankfully there is healthy competition in this space with Jellyfin.
Love my Plex media server but I also have my jellyfin server set up just in case.
Yeah, I always forget that Plex thinks it's an actual business. If it goes away, I'll finally switch over to Kodi.
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.
Knew buying the "lifetime" membership would be a mistake, and forcing you to use an Internet login for your local media was another red flag. Glad I noped out