GTA 6 Parent Company Lays Off 5 Percent Of Workforce - Luke Reacts

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Luke Stephens is a Content-Creator and Streamer that co-streams on KZread and Twitch. This channel has Live Stream clips and highlights in addition to the streams themselves. Check out Luke's main channel & other content by going to: linktr.ee/lukestephens !!
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Пікірлер: 115

  • @MR_IceBlood
    @MR_IceBloodАй бұрын

    There was no layoffs at rockstar games. It is gear boxs and other small teams

  • @ShinjiIkari007
    @ShinjiIkari007Ай бұрын

    It always boggles my mind that rather than retaining the human resource/talent that the companies spent so much money & time to train, they just treat them as a figure on the paper. "Oh, we bought a new studio & running short on money? Fire these hundreds of employees" "Oh, we overspent on a game & our budget crossed 300 million? Fire these hundreds of employees" "Oh, the game didn't sell well & we don't know the reasons why? Must have been the employees fire them all" I don't know what to think of this attitude. I can understand small companies that can genuinely not afford those employees, but big studios that have billions of dollars in reserve & paying millions to its top management & CEOs, when they fire employees just cuz something went wrong(due to the management's own fault lol), they immediately resort to firing the human resource & creative talent at the studio. And this is definitely a modern trend. Back in the 20th century, our grandpas used to dedicate their entire life to single company(like 40-50 years) & that company also treated them as an integral part of their company. They would rather incur loss than lay off employee associated with them for decades. Now employees are easily replaceable & treated as a number on the balance sheet rather than a human.

  • @Sparticulous

    @Sparticulous

    Ай бұрын

    Humans are disposable since communism lost. Back to gilded age capitalism

  • @SIrIvanErection

    @SIrIvanErection

    Ай бұрын

    1) they save £160M annually and that’s the easiest way for a company to make more money. 2) employees are more replaceable these days because there are far more workers on the planet, and it’s cheaper for them to get rid of someone who might be on £60k a year, and employ someone on minimum wage to do the same job (albeit not as well but that’s a risk they will be willing to take with the cost benefits)

  • @ronburgundy3172

    @ronburgundy3172

    Ай бұрын

    @@SIrIvanErectionway to get on the side of a multi million company while people who’ve poured their lives and soul into making games are getting fired while the executives are enjoying bonuses so yeah poor multi mil companies 😮

  • @geronimo1595

    @geronimo1595

    Ай бұрын

    @@SIrIvanErectionBeing a corporate bootlicker in 2024 is crazy

  • @SIrIvanErection

    @SIrIvanErection

    Ай бұрын

    @@ronburgundy3172 I’m not getting on the side of multi million dollar companies, only explaining that I can understand why they do it. I work in a bank, friends of mine have been getting laid off for years and they’ve been replaced by new cheaper labour… but they’ve all gone on to get better jobs elsewhere that they may not have looked for otherwise 🤷🏻‍♂️ I don’t agree with it and I know my job is at risk almost always, but I understand that’s just the nature of working for a large corporation! You don’t have to agree with it to understand it

  • @vishalvenkat6
    @vishalvenkat6Ай бұрын

    Just to remind you, Take Two execs took huge bonus payouts last year for doing absolutely nothing.

  • @icephoenix3302

    @icephoenix3302

    Ай бұрын

    Hey he probably did something like cancelling games, firing employees and telling stock holders some random bs.

  • @smileyr

    @smileyr

    Ай бұрын

    If you want to be technical about it, they aren’t actually doing nothing. If anything they are doing to more than the devs themselves. All devs have to do is work on their part of a specific game. All those execs are calling the shots, holding meeting with shareholders, overseeing the entire project, talk to the media and attend conferences, marketing,managing different projects. Oh and when a game flops or a project falls through guess is to be blamed for that ? The execs and ceos do. When fallout 76 came out who was blamed for most of it ? Todd Howard. Yea devs don’t even do half the shit ceos and execs do. You thought they get paid so much for no reason?

  • @wakakulyonetwo

    @wakakulyonetwo

    Ай бұрын

    It's an art to do nothing

  • @FutureExitsMedia

    @FutureExitsMedia

    Ай бұрын

    @@smileyr you don't need to fit the whole boot in your mouth, you can just lick it, champ.

  • @Xoulrath_

    @Xoulrath_

    Ай бұрын

    ​@@smileyrfound the corporate simp bot.

  • @DeepStone-6
    @DeepStone-6Ай бұрын

    Wow a layoff and the workers get a 6+ month notice that's a first usually you find out hours before termination on Twitter way ahead of your own employer 😂

  • @garytheprogressivelibertar560
    @garytheprogressivelibertar560Ай бұрын

    Maybe they should try to make more then one game every 20 years .

  • @timmygilbert4102
    @timmygilbert4102Ай бұрын

    The amazing digital circus still has mire view that GTA 6 and endgame trailer combined

  • @mydreaminorbit9297
    @mydreaminorbit9297Ай бұрын

    I bet they take that money and use it to figure out how to automate tasks so they can lay off more people.

  • @WillinOn
    @WillinOnАй бұрын

    I find it very frustrating that Luke continues to hammer home the point that games are incredibly expensive to make, giving a valid reason why companies are doing layoffs. WE GET IT, LUKE. Games are expensive to make, but why don’t you ever bring up the fact that all these companies CEO’s and executives are simultaneously getting insanely high increases to their salaries? I wish you would touch on that more instead of talking about why these layoffs are justified for 90% of the video….

  • @CEO_G
    @CEO_GАй бұрын

    Another way to look at a stock price is the price on any given day is forward looking based on the available information available in the market. The market knows GTA6 will sell loads and loads of copies based on historic performance of GTA5 and RDR2, so the price of the stock is bid up to a level that the market sees as acceptable. Same thing happens in reverse with negative public information.

  • @dem0nfr0g39
    @dem0nfr0g39Ай бұрын

    Headline from Axios: "Take Two Interactive execs' pay doubled this year"

  • @Varthismal
    @VarthismalАй бұрын

    Take Two said that it wouldnt be more layouts two months ago

  • @marcosramos5117
    @marcosramos5117Ай бұрын

    I’m sure the CEOs are obviously doing something and needless to say there’s a lot that goes into being an exec there’s a lot of accountability & risk. Issue I have is a 70 mil BONUS is a pretty extravagant bonus not to include the money he’s already making. You can take even HALF that amount and if you divide that amongst your current employees (not the ones getting laid off) using that example of 350 employees….thats 100k each employee and still gives your CEO a HUGE bonus. I think that a company could at least review where they can give their devs a nice fat bonus or at the very least secure their pay for the next year.

  • @tikaz133

    @tikaz133

    Ай бұрын

    Taylors theory is about motivating employees by increasing their pay. It has been proven that pay does not permanently and substantially motivate employees. So giving them a 100k bonus is quite literally a huge loss with no profit.

  • @marcosramos5117

    @marcosramos5117

    Ай бұрын

    @@tikaz133 oh yeah that’s true and not like ALL the devs are perfect angels that deserve massive compensation. I was just throwing numbers out there to show as to how grand of a scale that bonus is. Especially in times where there’s more fleecing going on with gamers on monetization practices, paid games that get pulled from the consumer, and comments like “I think the players should tip the devs” but then you see a large payout on a BONUS like that? It really doesn’t help create any consumer confidence, if anything it tends to make the consumer more reluctant and conservative with purchases. I’m willing to buy more merch, collector editions and even tip a company if they merited it. Game Kitchen when they came out with Blasphemous was an example yes it’s an indie pixel game but the game rocks and I gifted several copies to my friends just because I knew they would like it.

  • @tikaz133

    @tikaz133

    Ай бұрын

    @@marcosramos5117 well it doesnt matter actually whether the CEOs tip themselves have the company money ‘apparently’. They have a huge interest to keep shareholders happy and if they have done that and the shareholders dont care it doesnt really matter.

  • @marcosramos5117

    @marcosramos5117

    Ай бұрын

    @@tikaz133 but it does because of profits and the type of consumer trade that’s being generated in the market. Yes buyer beware but at the end of the day higher profits and a market rich with consumers wanting to spend even more-is a positive for everyone. I like profits and yeah I like bonuses too for everyone because that means better products that CAN be offered but given the way this industry has been going this does not breed a better environment for the consumer and company/investors alike. Not saying I have the solution just saying as a consumer - if there’s that kinda money being thrown around I would expect greater products and productivity being made - and that’s not what I see in fact there’s even threats of their purchases being taken away. Not from this specific company yes but studios will follow the trends.

  • @tikaz133

    @tikaz133

    Ай бұрын

    @@marcosramos5117 well listen. I doubt the company would let execs just give themselves half the profits as bonus. Its just not how a company works. They definately did that for a specific reason be it legal. Or not.

  • @chadwolf3840
    @chadwolf3840Ай бұрын

    Avg cost / employee is like 200k, not 100k

  • @SiliconSlyWolf
    @SiliconSlyWolfАй бұрын

    It's almost like the world doesn't have the time and money for every company ever to host a forever game you have to play at least a half hour every day, and that's just to do your daily stuff. Also, you should do some napkin math on how much the executives are getting, and how much more could go to keeping the company going, and especially keep the staff around, if the executives slash their pay by at least 50%

  • @redcronojm
    @redcronojmАй бұрын

    hopefully someone takes these workers into their game company and get back on their feet.

  • @LennyDykstra1
    @LennyDykstra1Ай бұрын

    I wonder if that new nfl 2k game ever comes out

  • @aaronbubby5
    @aaronbubby5Ай бұрын

    Shady business

  • @emppa3138
    @emppa3138Ай бұрын

    I agree on gta online point, but Rockstar has made improvements to make gta online feel like a proper mmo again. Atough last "huge" update was back in December 2021. But the later updates provided massive quality of life improvements that some were supposed to be in since launch. Not to mention Rockstar did aqcuire FiveM servers at 2023 (roleplay servers), and people have been theorizing that they will be helping with gta 6 online. But there is also a theory that gta 6 online will continue with Pier to pier servers, so yes everything is possible.

  • @lalo4ever22
    @lalo4ever22Ай бұрын

    thing is red dead is a western game which is a niche theme. gta 6 is going to be a different animal.

  • @hayabusa09
    @hayabusa09Ай бұрын

    Rip Devs

  • @Random_dud31

    @Random_dud31

    Ай бұрын

    They aren't dead. Capitalism has not reached that state yet

  • @ATLsF1N3ST91
    @ATLsF1N3ST91Ай бұрын

    They layed them off, because they don't have any games ramped up at full tilt for them to work on. The games are GONE. Sooooo the jobs don't exist! Doesn't matter how much money Take Two makes, wtf are they going to put them on?

  • @bennyblunto973
    @bennyblunto973Ай бұрын

    That just means the majority of the GTA 6 production is over now. So they can scale back on workforce …

  • @Artician

    @Artician

    Ай бұрын

    Nobody at Rockstar is getting laid off

  • @august3777
    @august3777Ай бұрын

    I don't think Step-Teo took a lot of flack. Almost no one talked about this.

  • @FlamespeedyAMV
    @FlamespeedyAMVАй бұрын

    The AAA industry is so soulless

  • @SIrIvanErection

    @SIrIvanErection

    Ай бұрын

    You’re so delusional if you think this is specific to the AAA gaming industry… this is literally every industry everywhere, it’s a cycle and every industry gets its turn in being hit before things slowly ramp up again

  • @FlamespeedyAMV

    @FlamespeedyAMV

    Ай бұрын

    @@SIrIvanErection that's also true, I agree

  • @kristiano.7363
    @kristiano.7363Ай бұрын

    Just do what Larian studios is doing.

  • @coritooty
    @coritootyАй бұрын

    Gta6 is gonna boom regardless, R* is swimming in cash when this bad boy drops.

  • @craignaylor2648
    @craignaylor2648Ай бұрын

    Ok so I’m not saying it’s right or justified but I do remember an article of them saying they are mandating all of there at home workers from days of Covid back into the office because of a few reasons but one of the big ones was productivity. And it’s my assumption they have a list of people who during that time where unproductive or acted as a lability to the company they could be tons and tons of cases so much so entire departments would be shut down. I’m just assuming but once I seen that article I automatically assumed huge layoffs. I hope everyone who got let go prospers tho and it is sad to hear

  • @oscaroska7613
    @oscaroska7613Ай бұрын

    Scam companies fire thr people who made them money

  • @chromex21
    @chromex21Ай бұрын

    Hey o heard 2k is on talks with fifa to take care of the new fifa games. If that's true and they do it right, that could mean billions and billions right into their pockets. You can't even imagine how many people around the world love football and play those games

  • @cristiancarbajal2119
    @cristiancarbajal2119Ай бұрын

    Under 5 minute gang 🤙

  • @ito2789
    @ito2789Ай бұрын

    Let the AAA gaming crash continue!

  • @AP90x
    @AP90xАй бұрын

    I just need them to put this game out. All this waiting this game better be something completely different than what we’ve experienced in literally every way. The walking better not even feel like any other game. Like fr.

  • @tristans_
    @tristans_Ай бұрын

    Take two still has nba 2k every year and the next mafia game on the horizon and Judas hopefully sooner than later. Not to mention the stupid amounts of money gta 6’s online mode is going to generate.

  • @smileyr
    @smileyrАй бұрын

    For also all those people saying execs and CEOs don’t do anything is false. It couldn’t be farther than the truth. If anything they are doing to more than the devs themselves. All devs have to do is work on their part of a specific game. All those execs are calling the shots, holding meeting with shareholders, overseeing the entire project, talk to the media and attend conferences, marketing,managing different projects. Oh and when a game flops or a project falls through guess is to be blamed for that ? The execs and ceos do. Not the game devs the execs do. Yea devs don’t even do half the shit ceos and execs do. It’s just like any other high position at any other job. You thought they get paid so much for no reason?

  • @geronimo1595

    @geronimo1595

    Ай бұрын

    Sure what else did Take Two tell you to say 🤡

  • @smileyr

    @smileyr

    Ай бұрын

    @@geronimo1595 sounds like you might be on slow side of the spectrum. Just do your own research, do you seriously think CEOs get paid to do nothing? Literally just look up the day to day as ceo I can guarantee to it’s not all fun and vacations. Just google up what is the responsibility of a ceo.

  • @Dasaradh_G08

    @Dasaradh_G08

    Ай бұрын

    ⁠@@smileyryou’re right the other guy is probably 13 and thinks execs sit on couches all day. Bernie sanders infection

  • @crumdrum

    @crumdrum

    Ай бұрын

    ​@smileyr So people should all the sudden praise ceos for doing basic business while pushing away the fact that most ceos are egomaniacs. The ceo and devs vice versa do a equal amount of work, the ceo just has to do the extra handywork. Without those games the devs put their souls into, the ceo wouldn't have jackshit to show the investors to make them "ooooo ahhhhhh". So your whole argument to me boils down to something very close-minded and biased 😅

  • @crumdrum

    @crumdrum

    Ай бұрын

    I suggest getting that big shiny boot off your tongue my friend 😂

  • @splinterborn
    @splinterbornАй бұрын

    They destroyed rockstar and all its IP. Rdo is the laziest bare bones online mode ever created and full of MTX. GTA Online is all they care about. Games like LA NOIRE, BULLY, MIDNIGHT CLUB are completely forgotten in favour of trillionares wanting more trillions.

  • @theshadowcult
    @theshadowcultАй бұрын

    No, no they are not. The dev teams are too big, the overhead and inefficiency is way too big. They do not need teams to be that large, its insane.

  • @Nathan-gl3bw
    @Nathan-gl3bwАй бұрын

    money probs is an ez fix tho..... pay execs less duh

  • @Dasaradh_G08

    @Dasaradh_G08

    Ай бұрын

    Why? The execs own shares of the company or are the top priority. All AAA companies work for is money to the board and execs that’s their business. Making games is a way to achieve that goal it’s not the goal itself. I don’t like it but it is clearly evident. However execs usually are more highly skilled that devs that means you get paid more as they are contrary to what you believe vital to run the company. They can downsize by cutting biseles office things and moving to a cheaper place. The workers are probably the bottom 5% performing that’s the way it goes in every industry

  • @francistein8409
    @francistein8409Ай бұрын

    games are too expensive to make because these devs always tryna reach their unrealistic expectations. they want their games to sell like crazy like call of duty and gta. they rely heavily on making great graphics and overly bloated design and they forget how to make the game fun. top that with their intention to sell the game to "everyone" losing their sight what their target audience should be.

  • @legiongaming99
    @legiongaming99Ай бұрын

    AI is beautiful less work for people until you can fully automate the task

  • @jackpowrie3

    @jackpowrie3

    Ай бұрын

    You can’t automate creativity.

  • @deltavagen9796
    @deltavagen9796Ай бұрын

    i dont care for that game anymore...

  • @BigDipLip
    @BigDipLipАй бұрын

    Pricing and politics are what is killing AAA games. Fun before anything else

  • @Dasaradh_G08

    @Dasaradh_G08

    Ай бұрын

    No one is making games for fun its too risky

  • @theobell2002

    @theobell2002

    Ай бұрын

    Politics? Are you serious? Gamers will blame anything but capitalism.

  • @GhostOfSnuffles
    @GhostOfSnufflesАй бұрын

    "If you don't like us turning your favorite characters into gay POC women then don't buy it" "Why are we being laid off?"

  • @Dasaradh_G08

    @Dasaradh_G08

    Ай бұрын

    What game I agree with you about movies but last of us 2 was fine I don’t know any Disney level game

  • @theobell2002

    @theobell2002

    Ай бұрын

    I love making things up to get mad about.

  • @user-uf9dh2un5f
    @user-uf9dh2un5fАй бұрын

    Code for.... Laying off the Home non workers that refuse to work and use their kids and the common cold as an excuse 💯

  • @Dasaradh_G08
    @Dasaradh_G08Ай бұрын

    To everyone saying execs don’t do anything on the comments Why? The execs own shares of the company or are the top priority. All AAA companies work for is money to the board and execs that’s their business. Making games is a way to achieve that goal it’s not the goal itself. I don’t like it but it is clearly evident. However execs usually are more highly skilled that devs that means you get paid more as they are contrary to what you believe vital to run the company. They can downsize by cutting useless like a HR department or non medical benefits office things and moving to a cheaper place. The workers are probably the bottom 5% performing that’s the way it goes in every industry

  • @lolmanlol5631
    @lolmanlol5631Ай бұрын

    i bet my right kidney GTA 6 is going to be bad if you're wondering why Google sweet baby ink

  • @MR_IceBlood

    @MR_IceBlood

    Ай бұрын

    Then give me your kidney then🫴🏼

  • @Yakoaxxi

    @Yakoaxxi

    Ай бұрын

    seek help

  • @mustateamihai8309

    @mustateamihai8309

    Ай бұрын

    the trailer alone looks better than any game ive ever seen,especially those non sweet baby inc games you keep dickriding

  • @alric-samathegod1692

    @alric-samathegod1692

    Ай бұрын

    First thing I found was an article confirming sweet baby isn’t working on or overseeing it

  • @Yakoaxxi

    @Yakoaxxi

    Ай бұрын

    @@alric-samathegod1692 does it matter

  • @CIA_Informant_number_8629
    @CIA_Informant_number_8629Ай бұрын

    Well half of you are so blind in your hate of le capitalism, let's break it down. 1 2k and Rockstar are separate publishers under Take 2. For you and me this means little, but ultimately Rockstar does not exist to subsidize 2k. 2... look at 2k bruh in fact no, I will make you look at them studio by studio. Hanger 13... mafia 3... yeaaaahhh I see why they are not protected. Cloud Chamber has yet to show ANYTHING of the next bioshock after repeated development restarts. Visual concepts HB studios and Cat Daddy Games are in charge of the sports games (more or less) these studios if anything are the ones who make no sense for layoffs. Then you have the 2k studios like 2k Vegas that help make sports games, again see the above paragraph (this includes 31st union studio, that again has made nothing so far) Firaxis Games, the civ series, valuable, but certainly not a key asset by anymeans (I say this as a civ fan) And at last you have to recent purchase of Gearbox where it makes sense to clear house after a fresh purchase from embracer hell. So I ask you to look at this and tell me what you would do oh so epic "gamers" make Rockstar subsidize this? Make Zynga subsidize this? Maybe the devs did nothing wrong (but let's not act like they never need to be laid off for substandard products) but still ultimately you have the ability to clean up a ineffective publisher, and this will be better for those who remain even if you say otherwise.

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