, but it is still a strong selling platform, particularly when you compare its performance to pre-pandemic levels.
So if it’s all just a post-lockdown comedown, why are companies laying people off and delivering warnings? The end of lockdowns is certainly one of the big reasons for the fall. It was inevitable that gaming was going to suffer a bit as more people venture outside, go to the beach, see friends, pop to the cinema and so on. And actually, the games market is still up over pre-pandemic levels.
Some companies perhaps expected things to remain more robust. Leaders in the games media had hoped for a strong year for big game launches in 2022. And although things started and ended well, there was this big slow period in the middle that meant traffic levels and advertising revenue dropped away. That’s bad news, particularly for those media companies that invested some of their pandemic money in new staff and websites.
Yet the other reason for the cost cutting is down to something else entirely… rising inflation and a recession. Inflation means that things are going to cost more. For companies, that means they’re spending more on internet, energy, food and drink, staff and so on. Meanwhile a recession means that people are spending less on things such as games. Those two situations combined means that companies are being very mindful of what they’re spending, and looking to be more efficient.
I think it’s because white people are faking superiority to keep power. The ones who move offbeat can’t detect patterns in art. Finding the beat is an entire brain function. They’ve been inbreeding and covering up the damage, but more people are discovering the truth.
1/2 It is true that some video game companies have had to lay off staff recently. However, this does not necessarily reflect poorly on the overall health of the industry. In fact, the industry is projected to grow substantially in the near future.
In my opinion, they’re not doing well
Are you guys laying off also? Judging by your desperate anendas for clicks you guys must be in bad shape.
Tech companies do this all of the time though. When your staff can't work because you're working on. Something else then it's a waste of money to keep them. Not trying to be harsh. It's just what companies should do to save money.
I mean, greed?
Sony lost almost half its employees over the last decade 🤔& loosing more each year
Every company has been doing this since the start of the year. I only see gaming companies being criticized
Es horrible dentro de uno años Sony se quedará sin personal
Cos xbox has no games 🤢
The world goes beyond Video Game companies with the layoffs 🙄
Bruh out of any images, you used an Xbox image, did Sony pay you
It's not just videogame companies. It's all of tech. Couple years ago it was restaurants and retail...
Moeney