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The games industry sucks
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this post was submitted on 29 Sep 2023
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Also layoffs temporarily raise the stock price, it's probably more costly in the long run… but who cares as long as the numbers go up for a bit and everyone gets bonuses.
Especially when you're mostly stock compensated. Just make the numbers go up long enough to see your share prices soar, browse around for a different job in the meantime. Sell your stocks at a high, exit the company as it implodes behind you. Rinse and repeat.
Then later they do big hiring sprees as part of investing in making bigger games, and stocks rise.