On 07 May 2024, Arelor said the following...

Re: Layoffs
By: Blue White to WOLVERINE on Sun May 05 2024 08:22 am

I am not in the gaming industry so I may be way off but from what I hav heard about it, it is pretty cutthrout and layoffs like that are pretty common.

What I have heard is the game industry is heading into a bad crisis.

The correllation between delivery excellence in product and internal management is never assured. Game Industry is not alone in this.

You will also see industries experiencing a boomm create their own future chaos and employment bust, mostly because leadership adds people to accelerate delivery without a longterm purpose for the newer highers. Those recently added folks were expendable by design.

Where employment rules make this hard on the firm, they will resort to indirect hires (contractors and outsourcing).

If Investment Bankers or Private Equity money got involved, the build-up and purges seem to quicker and more ruthless.

All that said, there is always in every industry opportunities for high performers. Even those sort of folk have to watch out for being caught up in positions that are structurally hopeless.

The purges always focus on perceived value. Great people who are stuck in roles that are beneath their pay grade get purged. Those over the head at work usually get the axe too. And sometimes the best value people get it "just because."

If you are working for a place that is purging and you don't have a special reason to stay, shift.

No one guarantees you will be able to stay in the same industry either, as often a slump affects too many people that opportunities dry up.

--- Steve K9ZW via SPOT BBS

--- Mystic BBS v1.12 A48 2022/07/15 (Linux/64)
* Origin: SPOT BBS / k9zw (21:1/224)

It seems to be getting harder and harder to hire independent
contractors for those project-based tasks due to tax implications
(thinking you're hiring ICs to get around paying benefits) although as
long as you keep them under a year as a policy, companies seem to be
Ok
with it. Otherwise, it'd be consistent with the definition to hire a
group to work on a specific project then leave after delivering the
project, but it's too tempting for management to consider contractors
as
cheap replacements for salaried personnel.

Here, the contractors usually have benefits through their companies
(which are often better than ours) and get paid more than us salaried personnel, so I don't begrudge the companies who use them for not paying benefits. I guess the contract employees somehow work out to be cheaper,
but some of them get paid so much I wonder.



--- Talisman v0.53-dev (Linux/armv7l)
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They want customers to pay for specialty suits because they supposedly care about
getting people into the business and then they go and layoff hundreds of employees right
after they throw a party for them to show their "appreciation" for them.
I would never pay
for those suits for that simple reason.

Most likely the management thought it's a good bye party and it must be good as there may not be the money for another one...

I'm not defending but I was once on a party with a company that C-suite praised everybody only to sell the company 2 months later and the drama started immediately. I survived, and I enjoyed the party... but many people did not.. survive 12 next months in the organization as the natural outcome of the consolidation.

-h1

... Xerox Alto was the thing. Anything after we use is just a mere copy.

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