Not at all, this is companies trimming off all the useless managers and blue hairs they hired to make their quarterlies look good when they were making high profits
It was better to higher more employees and look good rather than pay taxes with the same money.
Now they're letting all the dead weight go and the homosexuals who were in adult day care are shocked and shitting and pissing themselves.
You will never be a real woman, sweetie, no matter how many posts you make for free to shill for the dickwad corporations that are firing all you useless comrades.
You would be fired too if you werent moronic enough to work for free 😉
FPBP >It was better to higher more employees and look good rather than pay taxes with the same money.
This is what people who think company finance functions like a video game don't get.
Companies don't just sit on money, they spend it (Because otherwise its just going straight to the government anyway)
We’re not even having the same threads every day anymore, we’re having the same threads every hour. I didn’t think it could get worse. Genocide all zoomers
The Xbox crash sure is, not the video game crash.
Like holy shit who DIDN'T see this coming?
Phil Spencer is literally the worst most incompetent out of touch CEO in the history of gaming who FRICKING REFUSED to listen to what gamers want.
This homie could have EASILY beaten Sony and Nintendo by putting out weird crazy AA games like the OG Xbox and early Xbox 360 on top of stuff like Halo but NOPE, can't have any more Banjo Kazooies it wouldn't take 5 years to develop and then cancel and there aren't enough hideous manjawed offensive caricature level minority characters.
LIKE FOR FRICKS SAKE BRO HOW WAS THIS homosexual NOT FIRED?
Also making picking up a console a nightmare. >Yes, I’d like to buy an Xbox. >Cool. Do you want an Xbox Series X, a Series S, an Xbox One, an Xbox One S, or an Xbox One X? >Whats the difference? >Some are more powerful, some are weaker, some have disc drives, some don’t. Also we’re getting rid of physical games.
>I've been unemployed for 3 minutes I might die hur dur
this overdramatic shit from women pisses me off to no end, I've been unemployed two years now with spinal issues and a busted up disc and constant daily nerve pain in both legs waiting for a fricking disability decision from the government, two years with no insurance and no help from anyone but you wouldn't catch me fricking dead crying about it online
and yet this silly c**t was let go just today and already she's online fricking begging for sympathy and talking about dying, women were a fricking mistake
It is in a lot of situations but people will always nepotism hire these kinds of morons because they think it makes them look good. Then they get told to get in line or be fired again.
These are the palworld layoffs. The executives just watched a game made by dropouts absolutely dunk on their profit margins. All of the esg morons are getting fired and they're going bare bones passion projects from now on.
I want to return to an era when games didn't take 6+ years, 800 people, and still turn out to be a disappointment. Can't we just have more some B to AA games that are experimental and good? Maybe Hi-Fi Rush didn't break sales records. But what if they could generate several Hi-Fi Rush like games per year? That could generate momentum and influence a more positive trend in gaming. MS has the money and the platform to do it. Something like what Sony used to have with JapanStudio before every game had to be a movie-game and sell 12 million copies. >It's a game about catching monkeys: green lit >only enemies are bosses; has exploration and is moody: green lit >you play as a dog who raps: green lit >cute girl + controls gravity: green lit
More of this. Less Starfield.
These are the palworld layoffs. The executives just watched a game made by dropouts absolutely dunk on their profit margins. All of the esg morons are getting fired and they're going bare bones passion projects from now on.
I wish and hope that this is true. I hate the modern "game dev"
Total Dev Death
As I said in another thread, it only took 1 single son of a b***h to program Minecraft. With 1900 guys from the games division now out of work, we're going to see a lot of indie games springing up out there made by highly qualified people, right?
Or are these sons of b***hes all common useless employees in modern companies that deal with stupid bureaucracy and non-problems?
>With 1900 guys from the games division now out of work, we're going to see a lot of indie games springing up out there made by highly qualified people, right?
kek
you will see a lot of b***hing and thats it
>ctrl+f tax code >0 results
US companies can't deduct software dev salaries from their tax obligations anymore, that's why so many places not just gaming orgs are firing lots of people.
>Before the TCJA, IRC Section 174 allowed taxpayers to deduct research or experimental expenditures (pre-2022 R&E expenditures) in the tax year incurred. Taxpayers could also elect to capitalize and amortize these pre-2022 R&E expenditures over not less than 60 months, beginning in the month the taxpayer first benefitted from the research. A taxpayer that did not expense or capitalize and amortize IRC Section 174 pre-2022 R&E expenditures had to treat the costs as chargeable to a capital account, as IRC Section 174 did not provide any cost recovery provisions for those amounts. >The TCJA primarily modified IRC Section 174 by (1) requiring capitalization and amortization of SRE expenditures, (2) classifying all software development costs as SRE expenditures, and (3) restricting recovery of SRE expenditures until the end of the amortization period, even if the research is abandoned, retired or disposed.
Good, I'm sick of working with incompetent people. My employer has let go of many individuals whom I see as detrimental this past month and it has definately eased work flow. I refuse to complain a out these mass layoffs. I wanted this 8 years ago.
I'm sure there is plenty of bargaining stage acceptance going on right now. But I mean this sincerely. If you were let go this month, it means that your job, your existence was a detriment to day to day operations.
You think this is only effecting the game industry, but it's happening everywhere globaly. You are going to feel the effects in the coming years. You're probably going to know what it feels like to starve to death.
No, Covid made companies expand a lot due to increase in game consumption, now that Covid is over and game sales are slowing down companies are adjusting to the normal demand
>everyone stays home during COVID and spends money on video games >video game companies make more profit >hire more people, assuming that level of profit will be maintained >profits drop after covid lockdowns finish and people go back to normal life >can no longer afford to pay for that many employees >layoffs required to stay afloat
This is what happens with mergers and acquisitions. You fire all the "redundancies", all the jobs that the parent company can already do. Middle managers are the first to go. Gaben predicted this a few years ago and he was right.
Not so much a crash, it's just that a ton of companies saw the trend during COVID, over-hired, over-borrowed or over-promised their profits so much that they're having to lay off jobs because earnings decreases over COVID. It's currently across the entire IT industry.
People are getting tired of the technological hold over modern society and how we operate. Social media is dying. AI will make white collar workers obsolete in a decade. If you're entire job involves being in front of a computer all day you need to change careers now.
Shit like this is happening all over, I'm seeing a ton of companies in different sectors culling thousands of people
What I want to know is how can I take advantage of it
Not at all, this is companies trimming off all the useless managers and blue hairs they hired to make their quarterlies look good when they were making high profits
It was better to higher more employees and look good rather than pay taxes with the same money.
Now they're letting all the dead weight go and the homosexuals who were in adult day care are shocked and shitting and pissing themselves.
*hire
a modern company now a days is made of blue hairs so this is a moot point.
lmao keep telling yourself that. This is old guard boomers on the verge of retirement and concept artists can replace with AI
You will never be a real woman, sweetie, no matter how many posts you make for free to shill for the dickwad corporations that are firing all you useless comrades.
You would be fired too if you werent moronic enough to work for free 😉
youre projecting your dysmorphia
This, my employer fired 600 people today. They are all hipsters.
FPBP
>It was better to higher more employees and look good rather than pay taxes with the same money.
This is what people who think company finance functions like a video game don't get.
Companies don't just sit on money, they spend it (Because otherwise its just going straight to the government anyway)
We’re not even having the same threads every day anymore, we’re having the same threads every hour. I didn’t think it could get worse. Genocide all zoomers
Nintendo posting is at an all time low. Switch 2 should have came out a year ago as well. It really does feel like things aren't in a good spot
it's the palworld effect
Yes.
How can this be? I thought Gamepass was the best deal in gaming?
The Xbox crash sure is, not the video game crash.
Like holy shit who DIDN'T see this coming?
Phil Spencer is literally the worst most incompetent out of touch CEO in the history of gaming who FRICKING REFUSED to listen to what gamers want.
This homie could have EASILY beaten Sony and Nintendo by putting out weird crazy AA games like the OG Xbox and early Xbox 360 on top of stuff like Halo but NOPE, can't have any more Banjo Kazooies it wouldn't take 5 years to develop and then cancel and there aren't enough hideous manjawed offensive caricature level minority characters.
LIKE FOR FRICKS SAKE BRO HOW WAS THIS homosexual NOT FIRED?
Read the 2nd tweet, moron
thats hardly due to xbox and you know it
Hardly, more like not at all. Their gaming revenue is so obviously Minecraft, Sea of Thieves, and mobileshit.
Also making picking up a console a nightmare.
>Yes, I’d like to buy an Xbox.
>Cool. Do you want an Xbox Series X, a Series S, an Xbox One, an Xbox One S, or an Xbox One X?
>Whats the difference?
>Some are more powerful, some are weaker, some have disc drives, some don’t. Also we’re getting rid of physical games.
So glad 360 was as far as i went with their shitty hardware. I can probably count the exclusive i feel like im "missing out on" on one hand.
you guys are dumb as shit, holy frick.
philbros... i'm scared
>I've been unemployed for 3 minutes I might die hur dur
this overdramatic shit from women pisses me off to no end, I've been unemployed two years now with spinal issues and a busted up disc and constant daily nerve pain in both legs waiting for a fricking disability decision from the government, two years with no insurance and no help from anyone but you wouldn't catch me fricking dead crying about it online
and yet this silly c**t was let go just today and already she's online fricking begging for sympathy and talking about dying, women were a fricking mistake
>you wouldn't catch me fricking dead crying about it online
Then what did I just read?
Well anon's not dead yet is he? So you have, in fact, not caught him dead while he cries online.
>funeral
Let me guess, the medication is antidepressants.
Did that toxic WOW b***h finally get shitcanned?
how isn't a tweet like that an instant pass to the unemployable list?
It is in a lot of situations but people will always nepotism hire these kinds of morons because they think it makes them look good. Then they get told to get in line or be fired again.
that's a man
no wonder these people got fired imagine the zoom call.
You can tell by the photo that we're looking at a 300lbs+ whale
accidental woke erasure from phil spencer? I can't believe this!
>all the SJWs ruining vidya are literally going to die en masse
No, only the AAA business model is really at risk. The industry at large isn't affected.
These are the palworld layoffs. The executives just watched a game made by dropouts absolutely dunk on their profit margins. All of the esg morons are getting fired and they're going bare bones passion projects from now on.
I want to return to an era when games didn't take 6+ years, 800 people, and still turn out to be a disappointment. Can't we just have more some B to AA games that are experimental and good? Maybe Hi-Fi Rush didn't break sales records. But what if they could generate several Hi-Fi Rush like games per year? That could generate momentum and influence a more positive trend in gaming. MS has the money and the platform to do it. Something like what Sony used to have with JapanStudio before every game had to be a movie-game and sell 12 million copies.
>It's a game about catching monkeys: green lit
>only enemies are bosses; has exploration and is moody: green lit
>you play as a dog who raps: green lit
>cute girl + controls gravity: green lit
More of this. Less Starfield.
when companies merge there are plenty of redundant jobs/departments.
This
t. employee whose company was bought twice
I wish and hope that this is true. I hate the modern "game dev"
Total Dev Death
Cutting all those diversity hires that have been added since 2016
I remember back in the day Apple was a fricking joke, and could never compete with Microsoft.
As I said in another thread, it only took 1 single son of a b***h to program Minecraft. With 1900 guys from the games division now out of work, we're going to see a lot of indie games springing up out there made by highly qualified people, right?
Or are these sons of b***hes all common useless employees in modern companies that deal with stupid bureaucracy and non-problems?
>With 1900 guys from the games division now out of work, we're going to see a lot of indie games springing up out there made by highly qualified people, right?
kek
you will see a lot of b***hing and thats it
>ctrl+f tax code
>0 results
US companies can't deduct software dev salaries from their tax obligations anymore, that's why so many places not just gaming orgs are firing lots of people.
>Before the TCJA, IRC Section 174 allowed taxpayers to deduct research or experimental expenditures (pre-2022 R&E expenditures) in the tax year incurred. Taxpayers could also elect to capitalize and amortize these pre-2022 R&E expenditures over not less than 60 months, beginning in the month the taxpayer first benefitted from the research. A taxpayer that did not expense or capitalize and amortize IRC Section 174 pre-2022 R&E expenditures had to treat the costs as chargeable to a capital account, as IRC Section 174 did not provide any cost recovery provisions for those amounts.
>The TCJA primarily modified IRC Section 174 by (1) requiring capitalization and amortization of SRE expenditures, (2) classifying all software development costs as SRE expenditures, and (3) restricting recovery of SRE expenditures until the end of the amortization period, even if the research is abandoned, retired or disposed.
Good, I'm sick of working with incompetent people. My employer has let go of many individuals whom I see as detrimental this past month and it has definately eased work flow. I refuse to complain a out these mass layoffs. I wanted this 8 years ago.
No, they just overhired, plus the usual merger layoffs.
If you were fired it means that you are useless.
I AM NOT USELESS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I'm sure there is plenty of bargaining stage acceptance going on right now. But I mean this sincerely. If you were let go this month, it means that your job, your existence was a detriment to day to day operations.
I hope these diversity hires will end their lives when they realize how better off game companies are without them
No, gaming will change as you know it though. At least as far as Microsoft is concerned.
I'm fricking crying it's finally over the nightmare is over god bless you microsoft god bless you
Look what you did Ganker
She's alive. It's over
You think this is only effecting the game industry, but it's happening everywhere globaly. You are going to feel the effects in the coming years. You're probably going to know what it feels like to starve to death.
What are you slow or moronic? Everyone with a brain saw this coming literally years ago.
>What are you slow or moronic?
Well?
What is life like without video games?
just a series of disappointments and then you die
But that's the exact same as life with video games
Yes but with less enjoyment
It's normal. End of the fiscal year and the numbers MUST look better when the next one starts in April.
No, because there won't be another one.
No, Covid made companies expand a lot due to increase in game consumption, now that Covid is over and game sales are slowing down companies are adjusting to the normal demand
>everyone stays home during COVID and spends money on video games
>video game companies make more profit
>hire more people, assuming that level of profit will be maintained
>profits drop after covid lockdowns finish and people go back to normal life
>can no longer afford to pay for that many employees
>layoffs required to stay afloat
Many such cases!
more like
>games suck for years
>ESG dollars run out
>fire useless eaters
This is what happens with mergers and acquisitions. You fire all the "redundancies", all the jobs that the parent company can already do. Middle managers are the first to go. Gaben predicted this a few years ago and he was right.
supposedly its not just redundancies
How is ms still relevant for gaming?
https://www.neogaf.com/threads/uk-boxed-charts-week-3-2024-jan-14-jan-20.1666209/
Not so much a crash, it's just that a ton of companies saw the trend during COVID, over-hired, over-borrowed or over-promised their profits so much that they're having to lay off jobs because earnings decreases over COVID. It's currently across the entire IT industry.
People are getting tired of the technological hold over modern society and how we operate. Social media is dying. AI will make white collar workers obsolete in a decade. If you're entire job involves being in front of a computer all day you need to change careers now.
Shit like this is happening all over, I'm seeing a ton of companies in different sectors culling thousands of people
What I want to know is how can I take advantage of it