this post was submitted on 29 Nov 2023
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[–] The_Picard_Maneuver@startrek.website 74 points 11 months ago (3 children)

If management hadn't created that PR disaster, these people would probably still have jobs.

[–] chakan2@lemmy.world 43 points 11 months ago (1 children)

Welcome to corporate, the C level is never the problem.

[–] thanks_shakey_snake@lemmy.ca 11 points 11 months ago (3 children)

I mean... The CEO was forced out after the disaster.

[–] spudwart@spudwart.com 33 points 11 months ago

Yes forced out the window, with his golden parachute.

[–] bhamlin@lemmy.world 8 points 11 months ago* (last edited 11 months ago) (1 children)

That CEO was brought in to take the heat for that decision. I'm not sure that really counts...

[–] thanks_shakey_snake@lemmy.ca 2 points 11 months ago

He was? I hadn't heard anything like that-- Can you point me to some reading?

[–] altima_neo@lemmy.zip 3 points 11 months ago

Granted, he was the former CEO of EA Games.

[–] smeg@feddit.uk 18 points 11 months ago (1 children)

They've been making people redundant left right and centre for the last few years. They overstretched and overhired after going public and are now being bitten by recession and terrible decisions, of which the recent licence fiasco is just one.

[–] zib@kbin.social 13 points 11 months ago

That's it exactly. In addition to over-hiring during COVID, the massive spending spree from a ton of over-inflated, short-sighted acquisitions ever since the IPO absolutely demolished the company's budget. Cutting Weta Digital was only the tip of this latest iceberg.