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Ubisoft announces studio closure as it lays off 185 staff
(www.eurogamer.net)
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this post was submitted on 27 Jan 2025
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It feels like a complete bloodbath with the job situation in the gaming industry in the west.
The worst thing is none of the executives are getting fired (in a proper manner, no golden parachutes and clawbacks on any stock based compensation).
lol, welcome to the west
Yeah? The executives are firing people, to lower costs, make the numbers look better..? Which makes the owners of the business money?
Why wouldn’t the executives get bonuses or golden parachutes if let go? They are doing exactly what they are supposed to do.
Executives don’t make products, provide services, or add any productive value. They are just the face of the owners, and will do the “hard” things for them.
Like lie, commit crimes, do mass-layoffs etc etc.
Executives are responsible for the direction of the company. They aren't just there to cut costs (at least, not usually). They're there to see what opportunities the company to move into, and guide them to success.
This is the opposite of what most executives at these gaming companies have done lately. They've driven up budgets and pushed them in a direction that makes people not want to purchase their games, causing them to fail.
If a company has to fire employees then that's the fault of the executives. They should be taking cuts first, not the people who were doing their job well but were just pointed in the wrong direction.
Do you always argue with people that agree with you? How is that helpful?