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"Our business did not grow with our audience": post-layoffs, Xbox execs are trying to sell a gaming division bounce back by summer 2027

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Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨GamingBot@lemmy.zip [bot]⁩ to ⁨gaming@lemmy.zip⁩

https://www.rockpapershotgun.com/our-business-did-not-grow-with-our-audience-post-layoffs-xbox-execs-are-trying-to-sell-a-gaming-division-bounce-back-by-summer-2027

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  • Assassassin@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

    Has laying off a big chunk of your staff after bad leadership fucks everything up ever actually worked? It feels similar to when private equity comes in and does a leveraged buyout. The underlying problems just get worse as the execs strip the good parts of the company out to eek out as much profit as possible before the company collapsed in a couple years.

    I guess time will tell!

    original
  • clucose@lemmy.ml ⁨1⁩ ⁨day⁩ ago

    en.wikipedia.org/wiki/Glass_cliff hopefully she gets paid well.

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    • absquatulate@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Yea I tried to argue against this when she was hired, but holy hell after the past month this reeks of glass cliff. I’d wager by 2028 xbox will be done for. Shame they’re taking so many good names down with them.

      original
    • Assassassin@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

      Glad I’m not the only one thinking it.

      original
  • duckz@mastodon.gamedev.place ⁨1⁩ ⁨day⁩ ago

    @GamingBot oh no! In hindsight it looks like all those #AI tokens weren't worth paying for, nor were the 14 layers of management but who could have thought so amirite?

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  • fruitycoder@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    Problem this even sounds like they are selling it to investors instead “the audience”…

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    • FatVegan@leminal.space ⁨1⁩ ⁨day⁩ ago

      What do you mean? They won’t et a billion players per day?? It sounds so reasonable

      original