131–140 of 322 posts
Earlier quoted context omitted.
Is it all due to inflation and the interest rates? Shouldn't these companies be able to issue stock to get some cheap capital to continue growth/hiring? Or anyone know why this is happening?
> Shouldn't these companies be able to issue stock to get some cheap capital to continue growth/hiring? Yes, but then the stock price would go down, which obviously isn't allowed.
or? are you being sarcastic about c-suit not wanting 'stock price to go down'? which could be a consequence of issuing new stock?
"primarily laying off roles at Activision Blizzard, some Xbox and ZeniMax employees will also be impacted / work out to roughly 8 percent of the overall Microsoft Gaming division that stands at around 22,000 employees in total." 2k employees look like a lot, 8% looks kinda better. I need Starcraft 3 badly :)
The blizzard you know is completely dead. No one from their classic games is around. No one who made Diablo, Starcraft, Warcraft, etc is around. Those games were made as a labor of love.
Last time the stock market was surging, everyone was hiring. This time it's different
Is it all due to inflation and the interest rates? Shouldn't these companies be able to issue stock to get some cheap capital to continue growth/hiring? Or anyone know why this is happening?
This could purely be isolated to "blizzard" had some "issues" and "we need to clean house".
[flagged]
Earlier quoted context omitted.
>It's the big ones that have jumped the shark and gone full-in capitalist. Nonsense for most single player games which there are still many of.
Yeah? That's probably not a segment of the market I play much, then. What are some good ones from the AAAs that aren't just Call of Duty sequels or Ubi games?
Also I hope no one bothers to argue these are AAAA, AAAAAAAA. It really doesn't matter.
[flagged]
Getting laid off shouldn't "Destroy the life and dreams" of anyone. It's a short term set-back, and in many countries there are protections in place to make sure that even in the short term people aren't dramatically affected. Don't tie your self identity or worth to the company you work for.
FAO: People who're claiming GenAi will replace artist jobs. It might happen but it's extremely difficult even using state of the art models like stable diffusion v6 to get consistent results. There's usually some part or the other of the picture that's broken and it takes a lot of work with prompting, blending, varying to get it to work. Buy the subscription for 30$ or whatever and give it a shot. First you'll be ama…
FAO?
> Food and Agriculture Organization of the United Nations: Home
(Obviously NOT what the original commenter meant, but no context!)