krissiegel.com
I create things by typing nonsense into a computer. Some call this programming.
👤 Joined on 22 June 2023
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@krissiegel.bsky.social@krissiegel.bsky.social → @krissiegel.comtheverge.com
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bwahahahahahahahahahahahahahahahahahahahahahahahahahahahaha (takes a deep breath) hahahahahahahahahahahahahahahahahahahaahahahahahahahahahahahhahahahahahahahhahahahah
Show PostOur topsy turvy economy has convinced a lot of people that outside forces are to blame, and these actions are a response to an ailing economy. This is bullshit. The people at the top are to blame.
Show PostI also feel obliged to point out that after Nintendo released the Wii U to commercial failure, in order to prevent layoffs, Satoru Iwata took a 50% pay cut. That should be a reminder that while 400 ppl lost their jobs, Andrew Wilson never took a pay cut to prevent it.
Show PostThey knew what they were doing. They saw an opportunity to make a ton of money, and knew fully well that the fallout of being stuck with an absurd amount of debt would cost the jobs of hundreds of people. They just didn't give a shit.
Show PostWhen EA sold to Saudi investment, it wasn't all with cold hard cash. Investors borrowing $20 billion from JP Morgan, and when the purchase was complete, stuck the company with the leveraged debt, along with $1.8 billion in interest accrued annually.
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