• Bappity
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    3811 months ago

    all because higher ups gave themselves too many millions in bonuses and didn’t care to do their jobs properly

    • R0cket_M00se
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      711 months ago

      It’s more due to AI and/or the expectation of automation being able to reduce the workforce before that actually gets set up functionally. Also that tech companies are doing it to try and kick back against people demanding their wages increase with cost of living, so game devs are piling onboard with layoffs for the same reason.

      • Cyclohexane
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        1411 months ago

        The layoff wave started way before the AI hype. It is more tied to interest rates imo.

      • @[email protected]
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        1211 months ago

        It’s not only that. Companies are getting richer and richer and they could easily afford LOTS of employees. Microsoft reached the trillion-dollar market cap and a few days later fired 1900 people

        • R0cket_M00se
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          511 months ago

          Right, but they’re doing it because they believe they can make up the lost manpower through automation that won’t be integrated enough to do so for another couple years. So they’re going to overload their current employees even further than they likely already are and the product/s will continue to suffer and fall off.

          This isn’t happening in a vacuum, it’s happening currently because they believe AI is far enough along to pick up the slack.

      • Altima NEO
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        311 months ago

        I don’t know if it’s that, though. There’s so many cuts on the tech sector not just gaming.

        • R0cket_M00se
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          111 months ago

          I literally said they’re following the tech sector, and why wouldn’t AI also affect tech in general?

    • FlavoredButtHair
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      311 months ago

      Higher ups or CEOs should be laid off or fired for making these kinda decisions when it comes to money.

    • Cyclohexane
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      111 months ago

      Higher ups doing this is nothing new though. This was mostly a reaction to interest rates.