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games@sh.itjust.works

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EA employees brace for the worst under Saudi ownership: 'Hard to feel good about being bought out by a regime that's very much at odds with progressive society' (www.pcgamer.com)

submitted 2 months ago by nemeski@mander.xyz to c/games@sh.itjust.works

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[–] orenj@leminal.space 44 points 2 months ago (3 children)

Isn't EA mathematically doomed to die off due to the absurd amount of profit they need to pay off the debt the saudis put on them so that they could own them? Like, who cares about actually working there, you're as good as already laid off. The sword of damocles is swinging.

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[–] ShaggySnacks@lemmy.myserv.one 15 points 2 months ago

A tale as old as time. Hedge fund buys a company. Company has too much debt from the buyout. Hedge fund strips out assets of the company. Company dies.

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[–] schipelblorp@sh.itjust.works 6 points 2 months ago

I think the sword of damocles more dangles menacingly than swings.

The pendulum in The Pit and the Pendulum is the sharp object that swings.

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[–] mindbleach@sh.itjust.works 4 points 2 months ago

Well aside from how EA and the Saudis suck for distinct reasons - that blatant crime has to end.

'We bought your company and it owes us the price we paid for you!' Nope. Fraud. Jail.

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