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Got a hot 5 to catch up on this week's news? For our Top 5 Articles this week we've seen some fantastic releases, a studio closure, and the largest battle to hit the MMO stage, in the history of gaming.
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Multi billion dollar companies go through all sorts of expansions/ consolidations throughout their lifetime. I was hoping for some news when i read that headline but instead got a link to an article that doesn't validate this part of your headline /sigh
Sure, if that office represents any number of issues that works against the well being of the company it is a good thing. An example of this could be corporate bloat. Something very common in large corporations (especially global ones).
I work as a system engineer for a fortune 500, divestures, and physical business office closures can be a sign of growth or a move to consolidate assets for a new direction, etc.
The closure of an offices means nothing. Atlassian and MicroSoft both just let their entire work force stay on a perma work from home status; I've been to MicroSoft's HQ Campus in Renton, WA - It's massive, and i expect some of the buildings to be close/leased out as an extension of this new policy. The closure of a business office also encourages a return of overhead for something that may not be worth it. I didn't read the article, but unless the closure also indicates they sunset all their operations there, then it means little.
While it may not have been as integral as other offices, (though for all we know it's possible it was) it doesn't sound like this closure was simply a return to profits. It sounds like Blizzards ongoing restructuring that started way back in 2019 has gone from cutting fat, to more of a necessity as the pandemic has taken hold of a lot of companies.
Godfred's Tomb Trailer: https://youtu.be/-nsXGddj_4w
Original Skyrim: https://www.nexusmods.com/skyrim/mods/109547
Serph toze kindly has started a walk-through. https://youtu.be/UIelCK-lldo
Maybe it was done to keep higher returns in profits, but restructuring was done from 2019 up until the beginning of the year, this doesn't sound like a larger part of restructuring, it sounds like it was done out of necessity.
Suppose that comes down to what that office was scheduled to produce. Blizzard has a ton of engineer positions open in CA for on-going, and un-named projects. If those positions are for work programs, projects, and products that this office was slated for, then it's not really a loss again, the dynamics are far more complex than what we the public we be made aware of. Honestly, even the internal staff don't know. Only the business relevant leadership in their company really knows what happened, the rest is speculation, and as an advent investor, speculation can spur divesture, which can result in money loss, but that also depends on how it spun, they could spin it quiet well on their next earning report to invigorate share holders.
Regardless looking at the last 12-24 months, Blizzards "Woes" were measurably more "woeful" compared to this, so this is a bit of a dud when reconciled against their past woes.
Last night around midnight my son messaged me on discord , "i just got bg3" haha so much for waiting.
I just picked up DOS2 and can not stop playing, i'm in Reaper's Coast atm, the game is incredible.
Godfred's Tomb Trailer: https://youtu.be/-nsXGddj_4w
Original Skyrim: https://www.nexusmods.com/skyrim/mods/109547
Serph toze kindly has started a walk-through. https://youtu.be/UIelCK-lldo
We shouldn't care about a company. We should care about the people who just lost their jobs.
Even though I appreciate your empathy, this sort of thing happens all the time and won't ever really change. Like the major loss for a ton of people after the Cabela's buy-out.