246
submitted 8 months ago by nanoUFO to c/games
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[-] [email protected] 71 points 8 months ago

Well duh, you always (short term) make more money (short term) when you're paying fewer employees (short term)! And those (short term) gains will look really good in the future ex-CEO's resume (and bank account)!

[-] [email protected] 6 points 8 months ago

I remember back in all the "controversy" somebody pointed out they have about 5,000 employees. Which is an insane number of employees for a company of their size, so I guess they possibly are making a profit by firing unnecessary stuff?

[-] JohnDClay 16 points 8 months ago* (last edited 8 months ago)

Looks like from the article they still are losing 125 million dollars net a year. They're moving towards profitability though, so I'd think these layoffs wouldn't be necessary? I guess that depends how urgently their investors are requiring their money back.

[-] WheeGeetheCat 4 points 8 months ago* (last edited 8 months ago)

do investors base their requirements for money on logical criteria or is just 'more this year than last year'? It seems to me that publicly traded companies led by investors act like children failing the marshmellow test

[-] [email protected] -1 points 8 months ago

"I don't know anything about this but I can conclude they are all dumb"

this post was submitted on 10 Nov 2023
246 points (99.2% liked)

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