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.
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?
“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
-Sent from some tropical resort where I am “working” remotely, like I don’t let my employees do from their own homes.
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…
Yay, more profitable growth/metastasis, just what humanity needs!
cough, cough
We call unchecked growth Cancer.
Fucking hell…
Dead Company Walking!
Ayyyyyyyyyyyyyy! Who had on “long-term and profitable growth” on their Corporate America Bullshit Bingo card?
This bubble is-a-burstin
Depends on who they fired… they were doing a lot of weird stuff unrelated to game engine development.
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?
I mean the old CEO did effectively get fired for it. The new CEO is fixing the problem, presumably.
The old CEO did exactly what the board asked him to & got his golden parachute as a reward for taking the flack.
I am sure they only fired the useless employees, they went looking for red staplers and people who forget the TPS cover sheet!
/J
