this post was submitted on 18 Dec 2023
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You can't talk about 2023 in games without talking about layoffs (www.eurogamer.net)
submitted 11 months ago by Goronmon@lemmy.world to c/games@lemmy.world
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[–] smeg@feddit.uk 0 points 11 months ago (1 children)

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

[–] dumpsterlid@lemmy.world 1 points 11 months ago (1 children)

Where are the huge losses being posted by gaming companies? This was a great year for games. It is nonsense.

[–] smeg@feddit.uk 0 points 11 months ago (1 children)

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!

[–] dumpsterlid@lemmy.world 1 points 11 months ago (1 children)

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?

[–] smeg@feddit.uk 1 points 11 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