this post was submitted on 14 Dec 2023
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Etsy lays off 225 workers after ‘essentially flat’ sales, says CEO | Business::Staff notified via livestream Wednesday by Josh Silverman, who acknowledged ‘unfortunate’ timing during holiday season

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[–] franklin@lemmy.world 141 points 11 months ago* (last edited 11 months ago) (2 children)

Fucking hate capitalism's need for infinite growth, flat sales means you're doing exactly the same as you were doing last year, if it was sustainable last year it's sustainable this year

Especially for a company that is little more than a platform

[–] stevedidWHAT@lemmy.world 22 points 11 months ago (1 children)

LESS COMPLAINING MORE BREEDING AND BUYING (whip emoji)

[–] RealFknNito@lemmy.world 7 points 11 months ago (1 children)

COMPLAIN WHILE YOU FUCK SO WE CAN SELL YOUR CHILDREN HAND CRAFTED BABY BOTTLES.

[–] stevedidWHAT@lemmy.world 6 points 11 months ago

FILLED WITH LEAD JUICE WATER SO THEY CAN BE MORE SMURT

[–] HobbitFoot@thelemmy.club 3 points 11 months ago

Not always.

There is likely some development occurring that is assumed to be funded by future growth. If that growth doesn't pan out, then the addition of features may not be economically viable.

As an example of a website who did it right, look at Craigslist. After their website was developed, there has been very little development outside of targeted areas meant to grow their revenue stream or make the site easier to manage.