#LarianPublishing #MassLayoffs #Shareholders #FinancialStability
📚 Insights and Recommendations from a Larian Publishing Director
As a publishing director at Larian, I wanted to address the recent mass layoffs in the industry and shed some light on the situation. It’s important to understand that these decisions are not taken lightly, and they have a bigger purpose behind them. Let’s dive into some insights and recommendations to better understand the situation.
## Insights
Here are some key insights into the recent mass layoffs in the publishing industry:
1. **Financial Stability**: Despite the layoffs, none of these companies are at risk of going bankrupt. It’s crucial to ensure financial stability for the long-term success of the company.
2. **Shareholder Relations**: The decisions were made to avoid upsetting the shareholders and maintain their confidence in the company’s future. It’s about balancing the needs of employees and shareholders.
3. **Strategic Restructuring**: Sometimes, layoffs are part of a strategic restructuring to realign the company’s resources and focus on core business areas. It’s about adapting to the changing market dynamics.
## Recommendations
Based on the insights above, here are some recommendations for those affected by mass layoffs:
1. **Stay Positive**: It’s easy to feel discouraged after a layoff, but remember that it’s not a reflection of your worth. Stay positive and focus on your skills and strengths.
2. **Networking**: Reach out to your network for support and potential job opportunities. Networking can open doors to new possibilities in the industry.
3. **Upskill**: Use this time to upskill and broaden your skill set. Take online courses, attend workshops, and stay updated with industry trends to enhance your employability.
4. **Seek Professional Help**: If you’re struggling emotionally or mentally after a layoff, don’t hesitate to seek professional help. Your well-being is paramount during this challenging time.
In conclusion, while mass layoffs can be disheartening, it’s essential to understand the bigger picture and stay resilient in the face of adversity. By following the recommendations above and staying informed about the industry changes, you can navigate through these challenging times and emerge stronger. Remember, setbacks are a part of the journey, but it’s how you respond to them that defines your success. Stay determined and focused on your goals. 📖🌟
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– Publishing industry layoffs
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The song of capitalism writ large
It’s like creating a fictional market that controls what is and isn’t viable was a mistake.
Well, more is not necessarily better. The way these studios keep releasing unfinished products is very alarming.
Something needs to be changed, even if it burns a few houses down, something will rise from the ashes, hopefully better things.
Larian is fuckin sick, love them
Now I am not for layoffs or downsizing or whatever you want to call it, but let’s be straightforward here. You, as a worker, are just a tool for a company to use. If someone comes along with a cheaper tool, you are obsolete and no longer needed!!
Companies start for one reason only. To make money! Not employees!
When companies go public, they do it to make more money! Not more jobs!
Unions are just employee groups who think by banding together they can force a company to their will and create a false sense of security
If you want job security start your own company!
The sooner you realize this the happier you will be
These guys should like, learn to code or something.
I always imagine shareholders sitting in the $100 dollars slot machines depressed because they couldn’t afford the $200 dollars slot machine that has a red cushion and a margarita holder.
Very true… it’s all for show.
Companies should only be allowed to fire if they’re small or losing money.
Serious question here:
Why are the shareholders not reinvesting into the business, to make it more successful, and thus more profitable?
Instead, they’re clawing at the margins, demanding greater and grater profits each quarter “or someone is going to pay for the ‘loss’ of those unrealized gains”.
It’s a revolutionary thought, but no business, not a single one, ever, can have permanently increasing profits and larger and larger margins. That’s not how it works.
If shareholders were to double-down and invest back into the business, innovation, wages, continue to make employees _want_ to come to work, support their employer, contribute to the success of the business, wouldn’t that not be a force multiplier?
Instead, it’s about them taking every dollar out of your pockets, to put into their own pockets.
Fuck.The.Shareholders.
This is why we’re seeing a spike in the gaming industry and until it happens more this shit will keep happening and we’ll keep getting corporate forced games half baked games made by overworked/underpaid designers.
Sounds like an HOA, you can only blame the people that run the HOA and unfortunately its the homeowners that need to blame themselves.
I’m thinking shareholders are everyday people with a 401K and all they really want is to retire early. They lay themselves off and can’t complain about their free time and unable to invest in their 401k anymore.
Based and true
This is bizarreÂ
A business should always maximize profits and lower expenses its not a charityÂ
Instead of maximizing shareholder value can we have it be something more beneficial to society?
I have no idea what that might be but having a piece of paper be more important than a working human just doesn’t sit right with me.
I understand it but is it really the best way to go?
This is why I contract. These companies don’t give a damn about you. Get all the money you can when they need you.
Man, part of me is hoping laid off folks can get together and form their own companies.
Maybe the always growth for shareholder dividend is not a good one?
Demanding companies keep employees they don’t need anymore is ridiculous too tbh. The most recent layoffs were at Apple afaik, they laid off the people they hired for the canceled car project. What would they be doing with automotive engineers now? This current mass layoff trend is problematic, but laying off employees that aren’t needed anymore is absolutely normal and there’s nothing wrong with it.
Serious question, who are the shareholders and is there proof that the investors pressure these companies like they’re claiming?
Well, doesn’t “pissing shareholders” lead to bankruptcy?