this post was submitted on 16 Feb 2024
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Gaming

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Embracer CEO says layoffs are "something that everyone needs to get through" (www.gamesindustry.biz)
submitted 9 months ago by alyaza@beehaw.org to c/gaming@beehaw.org
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lol.

Embracer CEO Lars Wingefors said that the current reduction in workforce at the company and across the industry is "something that everyone needs to get through," later adding that the group's strategy has been to cut the things that have "the lowest chance of success going forward" and to only keep "the most iconic studios."

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[–] frog@beehaw.org 73 points 9 months ago (2 children)

Funny how the CEOs never have to "just get through" being laid off...

[–] Gaywallet@beehaw.org 41 points 9 months ago (1 children)

Often times they are laid off, with a generous multimillion severance package

[–] frog@beehaw.org 29 points 9 months ago (1 children)

That must be so difficult for them to "get through". Surviving for a few months, maybe a year (if non-compete clauses are enforced, which they probably aren't for CEOs) on just tens of millions, which forces them to buy only one yacht instead of three until they can get back into another well-paid CEO gig. The greatest tragedy of our age. Won't anybody think of the CEOs?!

[–] hydroptic@sopuli.xyz 1 points 9 months ago (1 children)

Won’t anybody think of the CEOs?!

I'm thinking that they might be crunchy and good with ketchup if fried properly

[–] frog@beehaw.org 1 points 9 months ago

There's only one way to find out!

[–] thefartographer@lemm.ee 8 points 9 months ago

It's like they can't get laid off... But I bet they can get laid out! #clotheslineaceo