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Turbine Layoffs

The Boston Globe has news of layoffs at Turbine, developer of Dungeons and Dragons Online and The Lord of the Rings Online, among other games. An unspecified number of jobs were lost as a result, said to be part of a larger round of cuts at parent company Warner Bros. Interactive Entertainment. Thanks VG247.

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13. Re: More Big Picture Details Oct 26, 2012, 10:40 Beamer
HorrorScope wrote on Oct 26, 2012, 10:39:
Wildone wrote on Oct 26, 2012, 10:04:
LOL All WB Is good for is buying studios then laying off the staff!

We're all doomed, they are calling Apple's latest quarterly report disappointing. They had 36 billion in revenue (for a 1/4!) and a profit of 8 billion from that. Profits up 24% from a year ago, rev. up as well. Amazing, freaking amazing to me.

But THEY are calling this disappointing. Face it with Wall Street running the show, it's just a matter of time for this thing blows. To make those vampires happy you have to continue to grow and when you can't at the clip they want, sucking bastards... Then companies that make mint still, have to start laying off people to make up the difference. The problem is two fold, eventually after those cuts are done, fast-forward a few quarters later and those bloodsuckers will want further growth and what do you do now? We've sent 1/2 the jobs to China, we cut everything we could, what is left? End game. We are not reproducing enough as a species to have this sustained growth forever for what these blood drinkers need to survive.

I work for a company making ~500 million profit a quarter, they've seen as good a profits as they ever had and they are gearing up for a round of layoffs to satisfy Wall Street as they recently announced directly in a shareholders meeting.

Today when they send you an email about change, you fear to open it, it's always a cut, where when we profited less say 10 years ago, these broadcasts were to give us "perks", I honestly don't know what I did wrong this past decade to have them be so disapointed with us.

Ever since the 2008 crash which my house lost 60% of it's worth (about 300K lost), these companies are just squeezing and squeezing. This thing is double edge sword, it gives me less buying power to support all these companies making things, so they get less growth, so we spiral for know good reason. There must be some devil somewhere loving this, that's the bastard we need to find.

Dude, the solution to all of this is to cut taxes on the rich.

Step 1: Reduce taxes on the rich
Step 2: ???
Step 3: Increased employment!
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