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Epic Games sheds 830 people due to 'spending way more money than we earn' (www.gamingonlinux.com)

submitted 1 year ago by sirsquid@lemmy.ml to c/linux_gaming@lemmy.ml

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[–] PoisonedPrisonPanda@discuss.tchncs.de 3 points 1 year ago

Layoffs have nothing to do with revenue in the ~~gaming~~ any industry.

FTFY

Its all about shareholders. Layoffs generate less costs. Less costs mean more income. More income means more dividends, more dividends means more share value.

For short term for sure.