this post was submitted on 09 Jan 2024
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[–] DarkMessiah@lemmy.world 43 points 1 year ago (1 children)

If you wanted growth maybe you shouldn’t have killed your platform by drowning your customers with fucking fees to use it!

I dunno, maybe they’ve got a plan; I’m no business student.

[–] mastefetri@infosec.pub 21 points 1 year ago

They tried to appease the shareholders rapacious greed by changing their business model to include royalties and other random fees, but that failed so now they've laid off 25% of the workforce to free up a lot of cash short term. This is a desperation move and they're never going to be able to provide the endless growth the shareholders demand. But the shareholders will be appeased for the next few months. So I guess it's a win?

[–] HeyJoe@lemmy.world 15 points 1 year ago

Hey, it could have been my company who laid off 200 people 2 weeks before Xmas. I actually respect that they let them enjoy the holidays and not add more stress and make it unenjoyable. Sucks all around but I would much rather the new year term over that...

[–] Reverendender@sh.itjust.works 14 points 1 year ago (1 children)

I’m starting to think maybe this isn’t how we should be doing things as a society

[–] AllonzeeLV@lemmy.world 21 points 1 year ago* (last edited 1 year ago)

This is what happens when you demand infinite growth/metastasis within a finite system.

Late Stage Market Capitalism is eating itself now without new markets to grow/metastasize. You can see it in every economic sector, from this to TimeWarnerDiscoveryHBOParamountSoonEtc. The snake is eating its own tail having conquered the board.

Oh, and it's killing our sole, shared, COMMUNal habitat, when it isn't dooming many of us to die of exposure in some alley or tent city for the crime of not further enriching our owner class well enough.

[–] umbraroze@kbin.social 12 points 1 year ago (1 children)

"No no no! Of course we won't fire people just before Christmas. That'd be evil. We'll fire them after the holidays. Duh."

  • A totally normal CEO
[–] AllonzeeLV@lemmy.world 7 points 1 year ago* (last edited 1 year ago)

-Sent from some tropical resort where I am "working" remotely, like I don't let my employees do from their own homes.

[–] AllonzeeLV@lemmy.world 10 points 1 year ago (1 children)

Yay, more profitable growth/metastasis, just what humanity needs!

cough, cough

[–] 800XL@lemmy.world 3 points 1 year ago

We call unchecked growth Cancer.

[–] _sideffect@lemmy.world 8 points 1 year ago

Fucking hell...

[–] 800XL@lemmy.world 6 points 1 year ago

Ayyyyyyyyyyyyyy! Who had on "long-term and profitable growth" on their Corporate America Bullshit Bingo card?

[–] Jaysyn@kbin.social 5 points 1 year ago

Dead Company Walking!

[–] ieightpi@lemmy.world 3 points 1 year ago

This bubble is-a-burstin

[–] pennomi@lemmy.world 1 points 1 year ago (3 children)

Depends on who they fired… they were doing a lot of weird stuff unrelated to game engine development.

[–] TheAgeOfSuperboredom@lemmy.ca 4 points 1 year ago* (last edited 1 year ago) (1 children)

I'll bet the people who decided to do that weird stuff didn't get fired though. Though I guess in this case it is a new CEO?

[–] pennomi@lemmy.world 3 points 1 year ago (2 children)

I mean the old CEO did effectively get fired for it. The new CEO is fixing the problem, presumably.

[–] Jaysyn@kbin.social 8 points 1 year ago

The old CEO did exactly what the board asked him to & got his golden parachute as a reward for taking the flack.

[–] BeigeAgenda@lemmy.ca 2 points 1 year ago

I am sure they only fired the useless employees, they went looking for red staplers and people who forget the TPS cover sheet!

/J

[–] heavy@sh.itjust.works 1 points 1 year ago

Unfortunately it takes more than just game engine engineers to run a company. IMO it might not have been the smartest idea to acquire all the companies they did, though, just to have them. I don't even think their acquisitions ever fully merged or did anything useful.