Publishers have massively overspent the last few years, hoping the gaming hype that started during the Covid lockdowns would stay or even grow indefinitely. Investors are only happy when numbers are higher than the year before and the only way to achieve this is to cut expenses. Problem is, cutting expenses almost always leads to worse output in the near future causing these companies to starve themselves to death. But by that time, those responsible will have cashed out and moved on to become C-level execs at some other company that they can milk for a few years before running them into the ground as well.