2024 will bring more layoffs and closures than 2023


I would probably do the same as him. I told my wife that I have been at this job for 25 years, and I need a change. I said to take a year off and travel the world, then come back and find a completely different kind of job.
 
  • Like
Reactions: karmakid
The console warring is getting really bad. It's embarrassing.
 
This is why the US healthcare system is so f'd up. Your insurance shouldn't be tied to your employer.

If we had a working national healthcare system, people could find other work to pay the bills no problem.
The good news is that so many places are hiring, including in her field, she has access to Cobra for a year, and there are also prescription plans available through the government. Also most states offer free healthcare to those in need.
 
Here is where I confirm that this makes the console wars on FIRE...

 
It's getting political up in here


It wouldn’t bring back those who lost their jobs or those who left, besides the people who left because of Kotick or those that were let go under him or would be let go of it didn’t happen, abk was already ready to let go of people before the merger was a thing.
 
Industry is heading for another crash of some sort. A lot of companies went recruitment heavy during the covid/working at home era and now a lot of people are suffering.

Still say these companies need to lower budgets rather than just go for the easy fire the workers approach.
But gamers and the media need to get out of the gaming bubble and stop acting like this is the only industry suffering at the moment.
 
  • Hmm
Reactions: karmakid

"Regarding why we have not reduced the number of the personnel, it is true that our business has its ups and downs every few years," he said, "and of course, our ideal situation is to make a profit even in the low periods, return these profits to investors and maintain a high share price.

"We should of course cut unnecessary costs and pursue efficient business operations. I also know that some employers publicize their restructuring plan to improve their financial performance by letting a number of their employees go, but at Nintendo, employees make valuable contributions in their respective fields, so I believe that laying off a group of employees will not help to strengthen Nintendo's business in the long run."

"If we reduce the number of employees for better short-term financial results, employee morale will decrease, and I sincerely doubt employees who fear that they may be laid off will be able to develop software titles that could impress people around the world."

"Our current policy is to achieve favorable results by continuously cutting unnecessary expenses and increasing business efficiency," he concluded.
 

"Regarding why we have not reduced the number of the personnel, it is true that our business has its ups and downs every few years," he said, "and of course, our ideal situation is to make a profit even in the low periods, return these profits to investors and maintain a high share price.

"We should of course cut unnecessary costs and pursue efficient business operations. I also know that some employers publicize their restructuring plan to improve their financial performance by letting a number of their employees go, but at Nintendo, employees make valuable contributions in their respective fields, so I believe that laying off a group of employees will not help to strengthen Nintendo's business in the long run."

"If we reduce the number of employees for better short-term financial results, employee morale will decrease, and I sincerely doubt employees who fear that they may be laid off will be able to develop software titles that could impress people around the world."

"Our current policy is to achieve favorable results by continuously cutting unnecessary expenses and increasing business efficiency," he concluded.

The late Iwata had the right mindset. RIP.
 

Oh No Fire GIF