this post was submitted on 17 Oct 2023
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After ChatGPT disruption, Stack Overflow lays off 28 percent of staff::The popular developer forum is still hunting for a "path to profitability."

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[–] foggy@lemmy.world 0 points 1 year ago* (last edited 1 year ago) (1 children)

Right? How is Machinima doing these days? They were once the biggest YouTube channel in all of esports. They had a few rounds of layoffs back between 2010 and 2013. Closed up in 2019. I mean it was more than morale, but it was writing on the wall.

[–] pc486@reddthat.com 2 points 1 year ago (1 children)

I'm not familiar with that YouTube channel, but the story absolutely repeats itself. A business will eventually die if it cannot turn around its finances and cannot raise money.

[–] foggy@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

not familiar with that YouTube channel

Exactly. They were the 14th largest channel in the world (that belongs to 5 minute crafts now). They were #1 worldwide in gaming. (In 2014)

And you've never heard of them.

No such thing as too big to fail.

IGN and G4 occupied Machinima's enormous shadow.