"We should be humbled by this period. It doesn't feel like we're humbled by this period as an industry."

Speaking with Game File (users will encounter a paywall) at the Game Developers Choice Awards, Larian director of publishing Michael Douse gave his take on the current state of the industry, including some sharp criticism on the wave after wave of mass layoffs we’ve been seeing.

“They are an avoidable fuck-up,” Douse said. “That’s all they really are. That’s why you see one after the other. Because companies are going: ‘Well, finally. Now we can, too. We’ve wanted to do it for ages. Everyone else is. So why don’t we?’ That’s really kind of sick.”

  • AwkwardLookMonkeyPuppet@lemmy.worldEnglish
    1·
    6 months ago

    This whole myth stakeholders are the reason why board members make cold-hearted decisions lets them off the hook as if they’re somehow at the mercy of the evil shareholders. For most companies there are majority holders, and many of them sit on the board or are the CEO, and then there’s fund investments from retirement accounts, and then there’s the average share holder who is most likely just a middle class schmo who chose a few stocks and doesn’t really pay attention. They’re not doing it because of the evil shareholders. They’re doing it because they hold lots of shares, and they get big bonuses and golden parachutes by shaving percentage points off their expenses. They’re doing it because of their own greed, not because of the demands of others. They’re heartless, and they’ve managed to create this common mythology that they’re not responsible for the decisions they make.

    • xmunk@sh.itjust.works
      1·
      6 months ago

      That doesn’t mean they’re not doing it to appease the market - it just means that the stock market existing and them having shares gives them misaligned incentives.

      The “market” is awful for demanding that and they’re awful for giving in to the idiocy.