Embracer CEO says layoffs are "something that everyone needs to get through" (www.gamesindustry.biz)
from alyaza@beehaw.org to gaming@beehaw.org on 16 Feb 2024 15:50
https://beehaw.org/post/11848209

lol.

Embracer CEO Lars Wingefors said that the current reduction in workforce at the company and across the industry is “something that everyone needs to get through,” later adding that the group’s strategy has been to cut the things that have “the lowest chance of success going forward” and to only keep “the most iconic studios.”

#gaming

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frog@beehaw.org on 16 Feb 2024 16:27 collapse

Funny how the CEOs never have to “just get through” being laid off…

Gaywallet@beehaw.org on 16 Feb 2024 18:31 collapse

Often times they are laid off, with a generous multimillion severance package

frog@beehaw.org on 16 Feb 2024 19:05 collapse

That must be so difficult for them to “get through”. Surviving for a few months, maybe a year (if non-compete clauses are enforced, which they probably aren’t for CEOs) on just tens of millions, which forces them to buy only one yacht instead of three until they can get back into another well-paid CEO gig. The greatest tragedy of our age. Won’t anybody think of the CEOs?!

hydroptic@sopuli.xyz on 18 Feb 2024 18:52 collapse

Won’t anybody think of the CEOs?!

I’m thinking that they might be crunchy and good with ketchup if fried properly

frog@beehaw.org on 18 Feb 2024 19:08 collapse

There’s only one way to find out!