Okay I (don’t, actually but whatevs) understand how you can do some tax-swindle capitalist-bs with unrealised stuff but how are they making money from “retiring” games (and is it the same scam as with the animated shows that you can only watch now if you sail the high seas?)?
It really is a bloodbath in the tech sector. I don’t understand where these thousands of people are even going to go considering major companies are on hiring freeze
My pipe dream is a bunch of new indie studios forming out of all these layoffs and kicking publisher‘s asses on sales with new competent and passionate games.
…But I guess they‘d then probably sell to those publishers again and repeat…
The largest factor is lack of capital, which is something everyone is enduring due to the SVB collapse. This is a giant recession of the entire sector and I don’t see how it corrects any time soon.
While breathing is cool, I have some hope that it will start correcting this year or next.
The big thing is that the raised interest rates have helped to prevent a real recession. So the real question is when can they come back down. I hope it starts this year even though it’ll likely take years to go back to what they were pre-pandemic, if the go that low again.
Yeah but as the shareholders get used to companies laying off workers to “cut costs”, any company not doing it sees their shares tank. Which is Not Ok™️, so they keep firing people so the execs can pay themselves bigger and bigger bonuses over high stock prices.
Here’s hoping it makes a splash and can stick around this time. I feel like unfortunately there are so many good games to be playing at any time these competitive online games are so much more likely to fail even if they’re extremely high quality.
I’m crying I loved this game so much, even enough to pilfer through the convoluted mess it is to join a private server lobby to continue playing. Ahh I’m so excited!
polygon.com
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