Videogame maker Electronic Arts (EA.O)
, opens new tab said on Wednesday it would reduce 5% of its workforce, as the industry struggles to grow amid high interest rates.
The company expects to incur about $125 million to $165 million in charges as part of the restructuring plan that also includes a reduction in real estate.
It’s not about office space. They built a new office which somehow doesn’t have enough capacity for everyone but it’s still mandatory two days a week. It’s just micromanagement at this point.
A lot of those executives own real estate and need to keep those numbers up. I wonder how long before we pay people to sit in offices just so they can inflate their value.
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You know, work from home would help clear that office space, but we can’t have that. Too much power to the employees, why would they.
It’s not about office space. They built a new office which somehow doesn’t have enough capacity for everyone but it’s still mandatory two days a week. It’s just micromanagement at this point.
A lot of those executives own real estate and need to keep those numbers up. I wonder how long before we pay people to sit in offices just so they can inflate their value.
Wait a minute…