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Larian publishing director on mass layoffs: 'None of these companies are at risk of going bankrupt. They were just at risk of pissing off the shareholders' (www.pcgamer.com)

submitted 7 months ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works

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[–] mnemonicmonkeys@sh.itjust.works 8 points 7 months ago

as it will lead to profit making the calls eventually.

Unfortunately it's not even this. A company can be perfectly profitable and still be sued by shareholders for not making them money. This is because the ~~leeches~~ shareholders only want to see short-term growth at any cost so they can dump the stock 2 quarters later at a profit