this post was submitted on 27 Mar 2024

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Xbox boss Phil Spencer "concerned" over layoffs due to lack of industry growth (www.eurogamer.net)

submitted 7 months ago by [email protected] to c/[email protected]

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Phil Spencer has discussed the devastating wave of layoffs that has impacted the video games industry, and said he was "most concerned" about the overall "lack of growth".

The Xbox boss presided over the departure of 1900 people across Xbox and Activision Blizzard in January of this year, a decision he described at the time as being one aimed at achieving "a sustainable cost structure that will support the whole of our growing business".

Across the video games industry as a whole, more than 15,000 people are thought to have been let go over the past 18 months.

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[–] [email protected] 2 points 7 months ago* (last edited 7 months ago)

How can the industry grow if you keep laying people off or spending even more on making a turd that doesn't even pay for itself?

The next time I see a game announce it has like a $800b budget, every single programmer, artist, writer, et al better be driving Rolls Royces by the time that shit releases.