On 07 May 2024, Arelor said the following...
Re: Layoffs
By: Blue White to WOLVERINE on Sun May 05 2024 08:22 am
I am not in the gaming industry so I may be way off but from what I hav heard about it, it is pretty cutthrout and layoffs like that are pretty common.
What I have heard is the game industry is heading into a bad crisis.
The correllation between delivery excellence in product and internal management is never assured. Game Industry is not alone in this.
You will also see industries experiencing a boomm create their own future chaos and employment bust, mostly because leadership adds people to accelerate delivery without a longterm purpose for the newer highers. Those recently added folks were expendable by design.
Where employment rules make this hard on the firm, they will resort to indirect hires (contractors and outsourcing).
If Investment Bankers or Private Equity money got involved, the build-up and purges seem to quicker and more ruthless.
All that said, there is always in every industry opportunities for high performers. Even those sort of folk have to watch out for being caught up in positions that are structurally hopeless.
The purges always focus on perceived value. Great people who are stuck in roles that are beneath their pay grade get purged. Those over the head at work usually get the axe too. And sometimes the best value people get it "just because."
If you are working for a place that is purging and you don't have a special reason to stay, shift.
No one guarantees you will be able to stay in the same industry either, as often a slump affects too many people that opportunities dry up.
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