03-01-2024, 04:12 AM
(03-01-2024, 02:52 AM)chronovore wrote: Still haven't seen an adequate explanation of why restructures/layoffs are all happening at once. The Embracer problems are clearly a matter of them planning on financing that wasn't already in-hand, and ultimately fell through at the worst possible time.
Microsoft/Blizzard-Activision-King, Sony, EA, Riot, etc. are in a full-blown panic and laying off swathes of people, while still reporting sizable profits.
It's just ridiculous. The language is "It's unavoidable," but this is not a move made because they're dying, it's a move toward increased profits without understanding the difficulty of building a successful team.
It's not just happening in the video game space. A bunch of industries are laying people off.