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Comment on You can't talk about 2023 in games without talking about layoffs

smeg@feddit.uk ⁨11⁩ ⁨months⁩ ago

Or the much simpler explanation that companies over-stretched in an economic boom and now need to cut costs

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dumpsterlid@lemmy.world ⁨11⁩ ⁨months⁩ ago
Where are the huge losses being posted by gaming companies? This was a great year for games. It is nonsense.

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- smeg@feddit.uk ⁨10⁩ ⁨months⁩ ago
  
  The root cause of so many of these layoffs is overspending. It’s also often, ironically, overspending linked to success. Gaming boomed during the pandemic when most of us were locked up at home with nothing to do, so companies saw currency signs in their eyes and jumped in on it.
  
  Literally discussed in the article. The people’s revolution is not upon us, comrade!
  
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  - dumpsterlid@lemmy.world ⁨10⁩ ⁨months⁩ ago
    Ok, well retailers are also all saying shoplifting is destroying their profits and causing them to close stores and that is all nonsense. Why should I take these video game companies at their word?
    
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    smeg@feddit.uk ⁨10⁩ ⁨months⁩ ago
    You don’t need to take their word for anything, I’m sure they’ll come up with whatever excuse so they don’t have to admit that they made stupid mistakes and are terrible at business
    
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