Recent industry news doing the rounds is from Epic Games, who yesterday publicly shared an email that was sent by Tim Sweeney about laying off 16% of the company.
Layoffs have nothing to do with revenue in the gaming any industry.
FTFY
Its all about shareholders.
Layoffs generate less costs. Less costs mean more income. More income means more dividends, more dividends means more share value.
FTFY
Its all about shareholders. Layoffs generate less costs. Less costs mean more income. More income means more dividends, more dividends means more share value.
For short term for sure.