this post was submitted on 13 Jan 2024
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More Embracer Group cuts revealed as Lost Boys Interactive hit with "massive" layoffs (www.neowin.net)
submitted 10 months ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works
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[–] mindbleach@sh.itjust.works 1 points 10 months ago (1 children)

Big number not go up if peons no worky. No peons, no worky.

Video games are the platonic ideal of labor producing value. There's no factory. There's no materials. You can't hire scabs to make the same game. It simply does not work that way. And yet.

[–] haui_lemmy@lemmy.giftedmc.com 2 points 10 months ago

You obviously know how the basics of software engineering work. Investors dont need to know that. They only need to have money. Here‘s an article about layoffs that shows how basic that though is: https://money.com/tech-layoffs-affect-stock-prices/ (layoffs = good decision, stock price go up). Its obviously a little more complicated than that but imo it hints at why layoffs below a certain percentage might encourage investors.