What we'd really be doing is tanking them so another corp that is just as pozzed but maybe less blatantly stupid can buy them out, which is fine with me.
According to a letter shared on the company's investor page he asked for his pay to be cut down to $62,500 with no bonuses or compensation on top of his salary until they have “achieved the transformational gender-related goals and other commitments".
commitment to raise the percentage of women and non-binary people who work at the company by 50% along with another $250 million to create and foster opportunities for diverse talent.
Do you know what will make Blizzard great again, more women.
The company is dead and Kotick just wants to survive the feminist takeover long enough to get out without reputational damage.
He knows the writing is on the wall. He'll "achieve" the target and walk soon after, or be kept around as a puppet to pretend Activision isn't run by women.
I'm not planning on buying any game from Activision-Blizzard ever again.
The only way this racket isn't repeated is if they go bankrupt and everyone involved in the false accusations that caused the re-shuffle is held accountable to their creditors.
That's assuming Citibank doesn't scoop up all the shares in the name of the sisterhood.
It’s a function of quantitative easing. The banks buy treasury bonds from the treasury department and then the fed buys those bonds from the member banks at a profit with cash printed out of thin air. The banks turn around and buy stocks driving prices higher. The other side of the quantitative easing mechanism is artificially low interest rates. The Fed keeps interest rates near zero so corporations can take big loans for practically nothing, in some cases like in Europe there are negative rates so the borrower pays back less. Corporations can then take the borrowed funds and buy back their own stocks driving up the share price. Shareholders are happy no matter what the employees shit out. It’s not just citi here, the Fed and it’s member banks are all subsidizing this shite.
Not really, it is temporary, he still makes money from his shares and he is already a billionaire. I do not think the financial impact is all that great.
I had the tiniest bit of hope that Blizzard might recover.
Put passionate and competent people in the appropriate roles. Let them have competent & passionate people working under them. I believe that even under Acti-Blizz they could've produced quality and fun games.
50% women or alphabet people? Nope.
That company is dead.
How fast can we help his company go bankrupt?
Is this a job for c/WSBets?
Just hire the executive team at Bioware to run the EA studios, and EA will be bankrupt in under a year.
What we'd really be doing is tanking them so another corp that is just as pozzed but maybe less blatantly stupid can buy them out, which is fine with me.
I wish every woke company would pull this kind of open suicide.
What's the fucking point this dude could take no pay at all for the remainder of his time there and still have billions leftover in his bank account
Do you know what will make Blizzard great again, more women.
The company is dead and Kotick just wants to survive the feminist takeover long enough to get out without reputational damage.
He knows the writing is on the wall. He'll "achieve" the target and walk soon after, or be kept around as a puppet to pretend Activision isn't run by women.
I was not planning on buying any other Blizz game, including Diablo 4.
Hopefully most competent guys are going to leave so the women will have to at least make their own crap.
And maybe, just maybe, some good guys from Blizzard will make their own games, based on fun and heart and not politics.
I'm not planning on buying any game from Activision-Blizzard ever again.
The only way this racket isn't repeated is if they go bankrupt and everyone involved in the false accusations that caused the re-shuffle is held accountable to their creditors.
That's assuming Citibank doesn't scoop up all the shares in the name of the sisterhood.
What is the connection with Citibank? I'm not aware of it.
Citibank is the only bank (to my knowledge) with an openly feminist CEO.
I've long suspected they've been issuing bailouts of sorts to the stock price of their allies.
It’s a function of quantitative easing. The banks buy treasury bonds from the treasury department and then the fed buys those bonds from the member banks at a profit with cash printed out of thin air. The banks turn around and buy stocks driving prices higher. The other side of the quantitative easing mechanism is artificially low interest rates. The Fed keeps interest rates near zero so corporations can take big loans for practically nothing, in some cases like in Europe there are negative rates so the borrower pays back less. Corporations can then take the borrowed funds and buy back their own stocks driving up the share price. Shareholders are happy no matter what the employees shit out. It’s not just citi here, the Fed and it’s member banks are all subsidizing this shite.
Ummm how the fuck do they plan to identify which applicants are "non-binary"?
Or women, for that matter, since we all know that you can't determine gender just by looking at someone. /s
"Please don't MeToo me...I'll let you take over. Just let me keep my reputation and life intact."
Finding it hard to differentiate the tactics of our "better halves" and literal Mafiosi.
Where's Rudy Giuliani when you need him?
Mafia had class.
They were doing it for money, not sadism. That's another difference.
And they gave customers what they wanted.
I'm delighted to see wokey-doke Blizzard careening off a cliff like two dykes in a convertible.
It's the death rattle.
Time to sell some stock
Don't. The propagandists will push it to a new ATH before Q4 results.
Crashing this plane - with no survivors!
Blizzard's putrescent corpse just had a spasm.
hahahahahahaha
It’s crazy how quickly a sentence could go from that sounds good to never mind, wtf….that’s only going to make things worse
Next COD is gonna be gay af and they'll wonder why sales tanked
Never have I ever bought a AAA game new.
I regret nothing.
Not really, it is temporary, he still makes money from his shares and he is already a billionaire. I do not think the financial impact is all that great.
I had the tiniest bit of hope that Blizzard might recover.
Put passionate and competent people in the appropriate roles. Let them have competent & passionate people working under them. I believe that even under Acti-Blizz they could've produced quality and fun games.
50% women or alphabet people? Nope.
That company is dead.
Not 50%.
50% MORE. Big difference.
You are correct, it will be a 1/3 of the company. Still is going to be shit.
I've read the source document. (Bullet point 2)[https://investor.activision.com/news-releases/news-release-details/letter-ceo-bobby-kotick-regarding-progress-and-commitments-made]
It's an increase by 50%, not to.
Correct, I was wrong, is by 50%. Still that means 1/3 of the company so still incredibly bad but not as bad.
At this stage of clown world, absolutely.
Yeah, cause Mark other on job applications
Fucking amazing how racism is back, in the name of not being racist