Maybe we should rationalize their CEO with an actual pipeline, to use another euphemism…
i wonder how 5% of employees getting laid off will translate into executive bonuses. last year the top 2 guys made $72 million after laying off a bunch of people.
And ofc it’s just to raise their stock a little bit :) Big corpos are real life monsters
Yay capitalism. The pursuit of infinite quarterly profit will fuck and enshitify everything we’ve ever known.
This company literally prints money but it’s not good enough without the human suffering.
🏴☠️GTA 6🏴☠️
I mean, for the first bunch of years PC users won’t have any choice but to emulate
Only reason they’re launching on consoles first is probably because Sony paid for it.
“Fat trim” is the other one I recently heard, and it’s absolutely the worst one I’ve heard so far. Glad they consider humans working their best as “fat”…
Whatever happened to “We’re firing people because we realised we can do the job with fewer workers so we want to save money”?
At least then it’s honest.
Honest would be “We’re firing people to make our short term profits look better. That’s what my bonuses are based on, after all!”.
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They only made $1.45 billion last year, just up 56% year-over-year.
They were expecting to make over two billion. Which from the perspective of an American corporation, means they lost half a billion dollars. So the end of year bonuses for the c suites are only half as much as they were anticipating, which from the perspective of American executives is like they lost hundreds of thousands of dollars this year.
So you see, it makes perfect sense why hundreds to thousands of employees must be laid off. The business is in a dire position!
Oh. They can afford to keep them.
Losing their jobs through no fault of their own, mind you. Disgusting behaviour by Take-Two just to line their shareholders pockets.
This is business as usual for Rockstar development. Historically they wait until right after they ship, though.
This is such a bad time for me to be trying to get back into the game industry fml
might be better off trying to make the next indie darling.