LOL
https://www.businesswire.com/news/home/20231009494331/en/Unity-Announces-Leadership-Transition
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Unity CEO is getting fired
LOL
https://www.businesswire.com/news/home/20231009494331/en/Unity-Announces-Leadership-Transition
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wich one? the grand master israelite who did a gamer move with the company actions or the escape goat ceo whp tried to fix it?
>escape goat
>James M. Whitehurst
That sounds like the most privileged white dude imaginable. Monocle and all.
have a nice day Jamal
Calm down, whiteys. It was just a joke.
Nonwhites cant into humor
White people are so sensitive.
How dare you cry about Black folk crying about being called Black folk?
Awwwful lotta simping for a white old rich guy in this thread...
you just know it's some nepo baby that has failed upwards like all rich white dudes do
Is spending like 40 years working as the ceo of various companies and saving some airlines one from bankruptcy if falling upwards then I don't want to imagine what those zero to millionaire hard workers have to do
James Whitehurst is literally the hero CEO people call on to save dumpster fires.
its almost as if he planned to cash out and bail from the beginning...
This. Nothing means anything anymore. Politicians can bet against our country doing well.
>We """""""""""""""Fired"""""""""""""""
>Document says he's retiring
>Will still provide assistance and continue to advise the company.
it's all jargon for investors. No company will say they fired their own CEO, even though everyone knows that's how it went. My father didn't die, he passed away, that sort of thing.
Oh god, please tell me shlomo and -steins are still on? this is important
of course. the CEO is a stooge who's selected by, and answers to, the board, in return for a huge salary and many millions' worth of insider trading
the board sucks money out of the company, sending new CEOs through the revolving door as necessary, until it's bled dry of all its customers, at which point they move on to the next company
And just like that, people forgive everything they did once again and continue to give Unity their money. See you next time they do something similar (in 6 months or so).
Shouldn't he be charged for insider trading? I remember he cashed out some stocks before the stupid policy about install fees.
>Company execs dealing with repercussions
kek, you wish
Cool it with the antisemitism, bro.
He's a wop
who works for the israelites
>implying the SEC would investigating anyone or anything noteworthy
>implying this isn't constantly happening all the time
I think that's enough anti-semitism out of you
insider trading does not apply to the rich honey
Partially true. It doesn't apply to supreme court members. It still applies to the rich but financial crimes get let off easy because the courts profit over these types of crimes and they know the offenders are good to pay their fines.
He sold 2000 stock out of 3 million he owned. Meanwhile a man literally named Shlomo spent the last 3 months cashing out every single stock he had and sold 400k during August.
It's not insider trading if you're friends with the right people
Not Japanese enough for that
https://www.sec.gov/tcr
>high corpo people getting processed and fined
it doesn't work like that, anon.
Here is what going to happen to him
>Golden parachute
>Can choose between quiet millionaire retirement or easy re-employement because they have that kind of network
How do only two people out of ten replies know how insider trading works? Shlomo (real name) is one that is suspicious.
no one gets investigated for insider trading these days unless you're a nobody peon whos uncle, a lowly service engineer, gives you a hint
Who do you think he is? The creator of Sonic?
No court in the US would take the case.
That's not how that works lmao. C suite sell on a schedule approved by the board far in advance. Unless someone can prove that he either told others the plan would not be received well, that he sold without giving prior notice, or that he knowingly took action that would harm the company's performance, he can't be tried. He likely had the sell schedule approved 2-3 years ago, before the fee plan was being seriously discussed.
Surely things will be different with the same board of directors still in charge.
>it's
Why did you edit the text?
He is getting fired by Hoyoverse, the devs of Genshin, who are major shareholders in Unity CN btw.
Good riddance, he's always been a blight on the industry
Saw that coming from a mile away. Shareholders were probably furious when so many devs began to abandon ship. Frick around and find out I guess.
Hoyoverse is a major shareholders in Unity China and they are the developers and publishers of Genshin, Star Rail and the upcoming ZZZ games who all use Unity Engine. of course they're going to be mad and fire this CEO.
they can fire the entire company but no one with a brain cell will ever go back to those fricks
Riccitiello was insider trading. Of course the company will let him go pending investigation.
APOLOGIZE
No no no, you can't do this to me.
I built this company...
>Riccitiello found a way to frick up another company that had even more goodwill than EA way faster and now he's getting booted about as hard as a public company's CEO can
He'll get a golden parachute regardless but I'm glad he's now going to be forever remembered as that guy who absolutely torpedoed public perception of two major gaming companies he was CEO of. Good riddance.
>He'll be remembered badly by gamers
>While trabelling in his luxury yacht
Hard life for a CEO, these people will never see the end of their suffering.
The bigger deal is the new CEO opposes gacha games.
Will never happen because of Unity China and mihoyo/hoyoverse, the developers of Genshin, is one of their biggest investors lmao
https://blog.unity.com/news/unity-forms-new-venture-to-manage-china-operations
One of SEs biggest investors is a mobile focused company and their CEO wants to push more AAA instead of gacha
I think you're confused and misunderstood the context.
Thank God they fired him before he could cash out and do irreparable damage to Unity's reputation. Really dodged a bullet there.
A little too late for that.
Good, now we can heal again.
wow he picked a hell of a day to shadow drop this news
well he definitely matches his name
Look at this smug motherfricker.
dude eats foreskins for immortality
He's a Shitalian.
so he is half israelite?
Worse, he's half mayo.
>get fired twice in a row as CEO now
>will probably still get another job as CEO due to connections and experience
>It's
You can tell it's fake just from the title. Zoomers still haven't figured it's (it is) and its (possessive).
It's official, Italians are the worst business men on the planet.
yo I know this is Ganker and all, but seriously cool it with the antisemitism. The dude is a fricking Italian
Predict where he lands next. Ubisoft? Maybe Blizzard?
Probably Sony; I dont see them going up anytime soon
why are terrible ceos rewarded for incompetence with another position where they do the same shit?
americans like to think they live in a classless society, but it's the same as it always was, and is only becoming moreso with each passing year. he's part of the nobility, and you're not
>gets fired from EA after years of "worst company in america"
>immediately gets hired by Unity
>gets fired from Unity after years of "gamedevs are idiots if they don't use microtransactions"
What company is next?
It'll never happened but I hope he gets put in charge of Google. They need to get knocked down a peg.
Ubisoft
lol this was the first thing that came to mind for me.
Board of Directors fired him after the disaster that was happening last month
This PR is just damage control to save face
There will be no mistakes made when the next holocaust happens.
kwab
Good riddance.
>it's
journalists everyone
Fricking wienersucker Hurst
lol unless they walk back on the fees bullshit, this means nothing
basically just trying to distract people and act like they care
>Immediately
This has been going on for more than a month.
>Unity firing it is CEO
Huh?
This is why zoomers fail at faking shit, they're literally too stupid.
>Roelof Botha
>FIRED
>after selling his stocks before the bust
>and "retiring" with millions in bonuses
>he'll move on to another company and the process begins anew
Huh, so they were actually serious with the idea back then and really didn't expect the backlash?
Guessing some of the larger companies that have used Unity to make games had their lawyers contact them about why this was a bad move. Guessing despite everyone thinking it was the whole board it was Ricitiello's stupidity at it again. Doubt the rest of the board is less culpable but he is the one that would've had to sign off on it.
That's cool, still not going back to Unity unless every Shlomo is scrubbed clean and they entirely roll back any notion of install fee at any tier.
Suda51 won
>(the "Company")
A bit on the nose don't you think?
not enough. Unity should go under. let it serve as an example to all the greedy execs.
Maybe there is some hope for humanity, or at least, Unity
IronSource offices are in Tel Aviv, cross your fingers that more issues get resolved.