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Plex lays off 20% of employees - Printable Version

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Plex lays off 20% of employees - TheDreadPirate - 2023-06-28

https://www.theverge.com/2023/6/28/23777418/plex-layoffs-20-percent-staff

This quote is one of the major reasons I left Plex.

Quote:Plex offers a popular media server app that lets people upload and stream their own content, but in recent years, it’s bet big on adding free, ad-supported (FAST) movies and shows and live TV. But like many others in streaming, it seems Plex has found it can be tough to make money in the business right now.



RE: Plex lays off 20% of employees - wtfjacks - 2023-06-28

Quote:
It’s also some additional internal changes, including reprioritizing product road maps and reducing marketing spend.

Corporate speak for no features in the future and possible loss of features in the future.
Transcoding? Now an additional monthly subscription.
Shared devices on your local network? Ditto.
Get rid of the ad overlays we are going to plaster over every movie opening? Yep! Give us money.

Free features that benefit the user? Nope!