GRcade

Wedgie wrote:Activision are losing money? Really?

Long story short? No, they're not. What's happened is that they haven't had a tentpole release outside of CoD for a while now and profits are beginning to shrink. They anticipate a 2% drop next year.

So, they're laying off hundreds of people...because they're not making enough money,

Meanwhile, they gave their new CFO a $15million golden handshake.

Just another page from American Captailism novel, then.

twitter.com/jasonschreier/status/1095435875222241280

Jesus, read the strawberry floating room.

EDIT

twitter.com/Vahn16/status/1095436686937403392

Seriously. Eat the strawberry floating rich.

EDIT 2:

twitter.com/crecenteb/status/1095439089048838144

holy gooseberry fool. That's... Insanely bad. Just strawberry floating crazy.

Kinda puts the "microtransactions are necessary to support developers" lie to bed - you can make billions by rinsing people (and hide it through offshore tax havens) but unless you're making more billions than before you have to fire people as their pesky wages are getting in the way of that money pile.

twitter.com/waypoint/status/1095469051990683648

Correct headline

How much has Kotick made? I know he was making like £60m a few years back and one of the highest paid CEOs in the world. I don’t dislike many people in the video games industry. But Kotick has to be the biggest banana split in it.

Knoyleo wrote:

twitter.com/waypoint/status/1095469051990683648

Correct headline

Yep. It's a great article too.

Waypoint have quickly become known for their hugely pro-union stance, and they've had an eye on this gooseberry fool for years. Unfortunately most of the staff are off this week so it'll be a while before the eventual podcast on the affair hits.

Thankfully, this type of headline is the norm rather than the exception here. Not that it matters in any real sense, these companies have one audience they're appealing to, and those people don't read the strawberry floating gaming press.

Bungie must be counting their blessings.

twitter.com/DavidEllis/status/1095434659385696257

It's really rather odd watching people try and defend stuff like this.
They see nothing wrong with companies treating staff (except the top level management) like disposable gooseberry fool while paying as little tax as they possibly can and the management being immune from negative impacts from failure.
If the company fails it's obviously the fault of the low and middle income staff who will then be sacked with zero compensation but if it succeeds it's all the hard work of management who will be rewarded handsomely while the aforementioned low and middle income staff get completely ignored.

They have this odd idea that people like Bill Gates and the rest of the ultra rich will get super depressed and just stop working if they're dared to be asked to pay more tax (or even the same tax as everyone else) and companies would rather just close or move elsewhere if they even get a hint of regulation or being asked to pay tax.

They seem to feel the need to defend the ultra rich at all costs even if it means having gooseberry fool public infrastructure for everyone and schools that don't have enough money for books as for some reason the rich are just better people and somehow deserve it all.

Peter Crisp wrote:They have this odd idea that people like Bill Gates and the rest of the ultra rich will get super depressed and just stop working if they're dared to be asked to pay more tax (or even the same tax as everyone else) and companies would rather just close or move elsewhere if they even get a hint of regulation or being asked to pay tax.

You need to update your go to billionaire, Bill Gates is basically the lovechild of Buddha and Jesus compared to the new set of billionaires like Jeff Bezos.

Moggy wrote:

Peter Crisp wrote:They have this odd idea that people like Bill Gates and the rest of the ultra rich will get super depressed and just stop working if they're dared to be asked to pay more tax (or even the same tax as everyone else) and companies would rather just close or move elsewhere if they even get a hint of regulation or being asked to pay tax.

You need to update your go to billionaire, Bill Gates is basically the lovechild of Buddha and Jesus compared to the new set of billionaires like Jeff Bezos.

I know Bill is a huge philanthropist now but he should have spent some of his money saving the British computer industry but didn't so he's just terrible.
He'd be 20 times richer now if he'd have hired Sir Clive Sinclair and everyone knows this they just don't like to admit it.

twitter.com/sewart/status/1095483831304552448

goldblumthereitis.gif

Nothing more to add to that, it speaks for itself