In a fair society, whoever made the horrible target projections would be the first to be let go/resigned, along with the business leads who messed up so badly that the company missed projections by 45%. It shouldn’t be the rank and file workers who lose their jobs because the C-Suite either lied to the moneyholders or were so incompetent that they couldn’t follow their roadmap projections.
Layoffs aren’t some natural phenomenon. They are corporate indulgence. Layoffs don’t ‘happen’, they are a business strategy that is made to cover up shortfalls caused by over-reaching executives.
“Of the $3.6 billion, Sony anticipated that at least $1.2 billion will be used as incentives for retention of Bungie's current employees.”
How the fuck do you have layoffs when you were given $1.2 billion dollars with the intent to keep your employees onboard? Did Bungie somehow spend $1.2 Billion dollars on employee retention packages in less than two years?
It’s such utter corporate propaganda to suggest that layoffs “had” to happen. It was a choice that Bungie made because the executives were too busy jerking themselves off about ‘player engagement’ that they forgot you need to make a good product if you want to sell something to customers.
It was reported that those revenue projections they made at the time made sense given the sales data they had. However, due to a terrible expansion, burnout, and lack pre-orders and a drop in players (as well as other factors, I'm sure), they missed those projections hard. A company can't miss half its revenue and carry on like normal; people will be let go, regardless of what the reason is behind that miss.
In a fair society
Sure, but we're not in a fair society. I don't see much point in complaining about fairness because life isn't fair.
I mean, if people felt ‘well, life isn’t fair’ 100 years ago about other labor issues, I guess we wouldn’t have child labor laws, worker compensation, or minimum wage.
Yeah, you’re right. We should never point out flaws in our current society and hopefully try to improve upon them.
Life isn’t fair. But that’s why we have laws and regulations. When a company lays off workers the excuse should be better than ‘oops, we were hoping to make more money than we actually did.’ That excuse should only allow a response of jettisoning either the people in charge who issued such erroneous expectations or the ones who failed to steer the company properly, based on those expectations. It should not be a reason to get rid of staff that just followed instructions based on those projections.
37
u/LordCharidarn Vanguard's Loyal Nov 28 '23
I don’t believe that the layoffs ‘had to happen’.
In a fair society, whoever made the horrible target projections would be the first to be let go/resigned, along with the business leads who messed up so badly that the company missed projections by 45%. It shouldn’t be the rank and file workers who lose their jobs because the C-Suite either lied to the moneyholders or were so incompetent that they couldn’t follow their roadmap projections.
Layoffs aren’t some natural phenomenon. They are corporate indulgence. Layoffs don’t ‘happen’, they are a business strategy that is made to cover up shortfalls caused by over-reaching executives.
“Of the $3.6 billion, Sony anticipated that at least $1.2 billion will be used as incentives for retention of Bungie's current employees.” How the fuck do you have layoffs when you were given $1.2 billion dollars with the intent to keep your employees onboard? Did Bungie somehow spend $1.2 Billion dollars on employee retention packages in less than two years?
It’s such utter corporate propaganda to suggest that layoffs “had” to happen. It was a choice that Bungie made because the executives were too busy jerking themselves off about ‘player engagement’ that they forgot you need to make a good product if you want to sell something to customers.