Embracer CEO Lars Wingefors said that the current reduction in workforce at the company and across the industry is "som…

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.”

      • frog 🐸@beehaw.orgEnglish
        23·
        7 months ago

        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?!

  • CharlesReed@kbin.social
    31·
    7 months ago

    I’ve been with a company that when things were down, they didn’t layoff anyone but just stopped hiring and higher management took pay cuts. I’ve also been with a company that would do a round of layoffs almost every time they were in the red. Guess which company I enjoyed working for more and had more positive morale overall.

  • dangblingus@lemmy.dbzer0.com
    19·
    7 months ago

    If the company has to lose people to remain profitable, that sounds like the executive leadership didnt know what they were doing and should be replaced.

  • Hisnitch@beehaw.org
    11·
    7 months ago

    Nordic Games is talking a lot of shit for a company that fired a lot of their employees and killed their underling studios before the entire firing craze of 2023 and 2024. Hey, hows that deal with the Saudis going again? Oh, right, it fucking isn’t because you staked your entire companies future on it and they decided they wanted out.

  • Computerchairgeneral@kbin.social
    6·
    7 months ago

    You know if anyone needs to be let go maybe it’s the management who were spending like there was no tomorrow and are now throwing everyone overboard to stop the ship from sinking. Or, you know, just keep cancelling games and shuttering studios. I’m sure that’ll work out eventually.

  • t3rmit3@beehaw.org
    2·
    7 months ago

    I’ve just been through a recent round of layoffs, though I luckily avoided sacking, and let me tell you the collective hurt that layoffs cause, even among those who remain, makes me think that each person leaving should get to punch each deciding executive once.