Square Enix Just Collapsed…

Square Enix has announced significant layoffs affecting its US and European divisions as part of a broader restructuring initiative. This decision comes amidst efforts to revitalize the company's operations and address disappointing financial performance.

[daviddesrosiers]

Early in the PS5 lifecycle PC gamers were saying that Squeenix exclusivity with Sony was a mistake.

[MaterielPneumatique]

I hope they fire the "ethics" censorship department. Those people should be the first ones to go.

[Murtaugh]

Wonder how that "commitment to the production of NFT's" decision is going for them...

[KermdoubleO]

it's as if splitting your fan base destroys net profits? 🤔

[fall-neckthetallneck]

All these layoffs in the past 2 years makes me wonder if we are in the start of a gaming crash.

[heyokah]

The new Square Enix hiring application has three important questions.
1. Do you use more than one pronoun?
2. Do you have a septum piercing?
3. Have you ever screamed in public with a group of like-minded individuals?

[CMONCMON]

Square Enix always made baffling decisions with their games and releases

[MasterSystemMarceau]

I think it's a good thing. Modern gaming is awful. Maybe this will force the industry to rethink how to make games and not just feed us with garbage.

[dogsoup]

That's what I never understood to be honest.. like how much does a company have to pay for exclusivity and why would a studio agree.. I mean for example how much would have Stellar Blade made if it was an all platform release? wouldn't it be waaaay more than an exclusive deal?

[lesewing]

Capcom and Bandai need to do this as well.

[chrisvandusen]

I will be really sad if we don't get a 3rd game for the Final Fantasy 7 remake series. The series would remain incomplete.

[lockepsb]

Yup, give us that Chrono Trigger remake. Shit a 2D HD version would be a chef’s kiss!

[HenrikoMagnifico]

This is what happens when you split up a MASSIVE REMAKE in 3 separate games years apart from each other and expect them to sell as well as new games.

[Joe-Rad]

I am SHOCKED Forspoken didn't earn them profits. Who could have forseen this!

[pharmcat]

You hit 25K the same time another guy I follow just hit his goal of 30K. Congratulations to you both, I enjoy both gaming channels even though you are totally different.

[Larry]

Don't forget Squeenix going all in on NFts last year too!

[storytimewiththecrimsondm]

oh hey you are at 25k now. good job
I may not always agree with you but I like hearing you talk lol. So here's hoping you get to 1 million soon XD

[mikethetowns]

"Final Fantasy XVI, Final Fantasy VII Rebirth and Foamstars under perform-"
One of these things is...not like the others.
And probably took the brunt haha.
('Grats on hitting 25k too)

[UltraRonin]

I've been saying this since huge budget AAA games started taking over gaming in the PS360 era. If AAA development costs continue to skyrocket, and dev cycles keep getting longer, at some point companies arent going to be able to make money on those games. You can't keep investing unimaginable resources into releasing one or two major games every 5 years and hoping those games sell gangbusters when they finally come out. It's just not a sustainable business model.

[pehclark]

I think they just noticed their Mobile game service units are making more money than their console business unit that adhere to ESG.