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Originally Posted by road doggy dogg
It's kind of depressing that most of these daily updates lately are about "company making billions of dollars hand over fist has laid off ____ hundred employees"
the world sux
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Its pretty much the gaming industry trying to get back to pre-COVID pandemic levels in terms of cutting back on the over-hiring and the massive sums of money they were spending like crazy. Same thing is happening in the tech industry as well over the same issues.
That only happened due to a combo of the big sums of money the government gave to prevent massive layoffs during the pandemic and consumers spending more on gaming and less elsewhere for their entertainment.
Even the retro gaming industry got hit hard once things started to go back to normal with people cutting back on the massive spending for old games and consoles and flooding the market with them getting rid of that stuff.