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Ubisoft Employees Vote to Strike Against Proposed Layoffs (insider-gaming.com)
submitted 9 months ago by to c/games@sh.itjust.works
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[–] 11 points 9 months ago* (last edited 9 months ago) (3 children)

They appear to have multiple stock types (this is common for large companies). The interesting part there is not the dollar value of each, but the 95% loss of value their stocks have have experienced over the last 5 years. The company is in the shitter and drastic changes are needed to keep it out of bankruptcy.

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  • [–] 6 points 9 months ago (2 children)

    I don’t disagree on them having hard times.

    I disagree that their only course of action is to layoff entire studios that actually generate their revenue.

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  • [–] 7 points 9 months ago* (1 child)

    I agree the best course of action was to not rehash the same stale games over and over for the last decade. Unfortunately, they kept that cycle going until there was nothing left in the tank. They let this massive problem fester until there is no longer any choice except drastic action.

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  • [–] 5 points 9 months ago

    Sure, they need a drastic redirect on what games they’re making and their shitty launcher. They need to return to making games people want to buy, instead of shoveling crap.

    This requires fairly compensated labor.

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