As one of the most historic companies in the video game industry crumbles into non-existence, the company's higher-ups haven't shouldered the burden. Despite massive cutbacks and layoffs over the past few years, the salaries of top Midway executives remained unchanged despite the company's consistent downward spiral.
New report from Skillsearch found that 22% of those surveyed had been laid off within the past 12 months.
It's a step forward for Stop Killing Games.
The Callisto Protocol director thinks the solution involves the right people, the right timing, and perhaps a little bit of AI
I don't agree with that. I WISH I could agree with that. But buying habits and customer opinions prove otherwise
We've seen developers in the AAA space try new things and ideas. More often than not, the customers aren't willing to give things a chance, or not enough people buy into the project for it to grow.
Creativity works better in the indie space because the budgets, pressures, and expectations aren't the same.
it's a nice idea and it worked during the PS2/PS3-era when AAA didn't cost hundreds of millions of dollars. smaller budgets and shorter development time left room for more creativity and more risk. a game didn't need to sell 4 million+ copies to break even. things are different now.
This is the guy who bragged about crunching his staff and having them work through the night. Crunch culture has lost more talent and done more damage to the industry than any other factor. Screw him.
Seeing how much money the people running companies pulls in for themselves while the company flounders in debt and risks closure isn't anything new... But I get extremely upset every time I see it happen. Especially when it's put in perspective in terms of how many people lost their jobs recently, and how that could have changed.
Agreed. This is different I think because the company is so close to going under at this point.
"According to filings with the SEC, former President and CEO David F. Zucker made over $4.5 million in the past two years. This includes over $3 million in stock options and sold stock. Since 2003, Zucker has made just under $11 million."
No matter how common this is, it's still pretty nuts that this guy got paid like four times as much as everyone else just to run the company into the ground.
Disgusting.
Typical corporate greed.