Comment on Amazon lays off 500 Twitch employees, hundreds more at MGM and Prime Video

Sanctus@lemmy.world ⁨1⁩ ⁨year⁩ ago

• _number8_@lemmy.world ⁨1⁩ ⁨year⁩ ago

  people really shouldn’t get to gamble on companies and people’s livelihoods

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• merc@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  That’s just an excuse companies make when they never had the intention of doing the right thing.

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• TORFdot0@lemmy.world ⁨1⁩ ⁨year⁩ ago

  The fiduciary responsibility standard is there to protect people’s retirement which is all in the market. It sucks that people are losing are being laid off but I don’t think changing the standard would give these people their jobs back.

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  • sebinspace@lemmy.world ⁨1⁩ ⁨year⁩ ago

    You should not be entitled to protection when you engage in gambling knowingly and with your own volition.

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    • TORFdot0@lemmy.world ⁨1⁩ ⁨year⁩ ago

      These people would lose their jobs regardless because twitch is not profitable.

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      • Tosti@feddit.nl ⁨1⁩ ⁨year⁩ ago

        A few hundred losing their jobs is kinda misrepresenting the situation isn’t it. If you keep seeing each company by itself in terms of firings but then group the market as a whole in terms of people with money in the market.

        It’s either a few thousand with money in the company vs the people fired from that company… Or the market vs all people fired in the market during these waves.

        Plus… when you are one of the fired people the impact can be deeply impactful, in the US even as far as having no health insurance. While less profit mldoes not have such an impact.

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      • sebinspace@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Holy shit you’re so adorable.

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  • TheRaven@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Instead it just makes an entire generation who never gets to retire.

    The easiest way to protect retired people is to make sure there are no retired people to protect (taps head)

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