I pretty much just use Kavin’s Piped instance (https://piped.kavin.rocks) over any Invidious instance now. While Invidious is able to download stuff when I don’t have access to NewPipe or yt-dlp, Piped just seems to work a lot better overall.
Invidious might be light, but it’s unlikely to ever have much more work done on it by anyone thanks to it being written in Crystal.
I think they’re referring to Epic selling Bandcamp off to SongTradr which also came with a staff cull including a ton of unionised staff.