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Financial Preparation

All articles tagged with #financial preparation

video-games-industry1 year ago

"Gaming Industry Layoffs: A Preventable Disaster, According to Larian Studios Director"

Larian Studios' publishing director criticizes the video game industry for its frequent mass layoffs, calling them an "avoidable f*ck up" caused by big companies' failure to prepare financially for the future. He attributes Larian's success to remaining private, being nimble, and creating reserves for lean times, contrasting it with the expectations of publicly traded companies. The director emphasizes that layoffs are not inevitable and urges companies to prioritize financial preparedness to avoid such operational failures.