Posted 4/8/2024, 4:00:00 AM
Larian Studios: Video Game Layoffs are Avoidable, Caused by Publishers' Short-Term Thinking
- Larian Studios says video game industry layoffs are an "avoidable f*ck up" caused by poor financial planning
- Publishers fail to prepare for market downturns and make knee-jerk layoff decisions
- Publicly traded publishers focus too much on short-term shareholder returns rather than long-term stability
- Larian's solution is to remain a private company, save money during good times, and stay "nimble"
- Larian director calls on industry giants to learn from their mistakes and build financial reserves to avoid layoffs