Plex lays off more than 20 percent of its staff

https://lemmy.world/post/770886

Plex lays off more than 20 percent of its staff - Lemmy.world

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

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. 😄
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.

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.