51–60 of 158 posts
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Everything in life in a way could be thought of as a bet. It's all a probabilities game. When you travel, you are betting your airplane doesn't crash, you don't get robbed, kidnapped etc.
People that think that way often don't worry as much about hurting other people.
I'm curious to know the layoffs by game. It would be surprising if League of Legends retains all of its game design/balance team, and it'd also be surprising if Valorant lays off any employees.
It's a decent severance package, honestly. But, as usual, > As CEO, I’m accountable for the changes we’re making and where we’re headed in the future. So, I think it’s important for me to share how we got here and how the next few days will work. I see no indication as to how Dylan will actually be held accountable for the decisions that ultimately led to this.
Riot Games is profitable, so this is about increasing profits. EDIT: As several people have noted, while Riot Games is private, their majority owne (Tencent) is not. According to Tencent's most recent filings, video game revenue is up by double-digits and they reported profits in the past. Unless Riot is claiming that they increased expenses by double-digit % in Q4, they are profitable.
Why wouldn’t they want to be as profitable as possible? They aren’t a charity.
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See this comment in every layoff thread. There is actually no reason why being accountable for something means you necessarily face imposed consequences for something. That does not follow. They are not synonyms.
It's narcissistic BS corporate speak that ridicules the victims. We shouldn't stop pointing that out just because it's common.
Riot Games is profitable, so this is about increasing profits. EDIT: As several people have noted, while Riot Games is private, their majority owne (Tencent) is not. According to Tencent's most recent filings, video game revenue is up by double-digits and they reported profits in the past. Unless Riot is claiming that they increased expenses by double-digit % in Q4, they are profitable.
TIL: people of recent generations use work e-mails for personal usage.
I have only seen this phenomena with older generations when they worked for a single company their entire life until or up to retirement.
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Accountable... to the board, who are loving the efficiencies. Who's upset with this CEO's actions besides the families affected by it, who have no power individually over anything to hold him accountable? They're his capital resources. Executives aren't accountable to that.
But what about being held accountable for all the “significant investments” that didn’t pan out into the expected revenue? The board may be happy that the layoff cuts cost, but is the board happy with a CEO that has made multiple bad bets?