Image: Plex
Plex laid off 37 people on Monday, a figure that represents more than 20 percent of the company’s staff, according to a Slack message from CEO Keith Valory obtained by The Verge. The layoffs affect “every department,” Valory wrote.
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 Read Entire Article
