Square Enix has announced that they plan to shift to a high-quality, large-scale AAA game development focus under Luminous Productions, a studio that they established recently led by Final Fantasy XV game director Hajime Tabata.
Owlcat Games producer Anatoly Shestov reveals his dream project: an SCP game with Owlcat RPG flair and a proper budget.
TNS: Based on its most recent ESG data, Nintendo boasts a remarkably low staff turnover rate of just 1.9%, with virtually no reported layoffs.
Well it doesn’t surprise me. As much money as they make and how they value their employees. It’s a great company in that regard.
Replies(1)Well, when your games remain full price many years after release.
And you make profit off of outdated hardware.
I would be shocked if they couldn't afford to retain their staff.
I didn't want to say anything but drivxr is right.
Nintendo always sells at a profit because they purposely use tech that's always 5 or more years behind. And it's also true their games hardly ever get price decreases.
Don't get me wrong, it's great they kept most of their workforce, but making a point to have your tech specs behind everyone else affords that luxury.
I don’t think it’s their purpose to use old tech. It’s their purpose to make value of software and know their value. Nobody makes games like them that’s for sure. I just don’t appreciate their customer unfriendly policy.
It’s not impossible to take their status. Companies need to have a selection of 8-bit and 16-bit. Now imagine a split screen for 8 player game for SNES Mario kart and selling at $9.99. The problem is that it doesn’t make profit. So many companies won’t invest in “old” technology. Everyone guns for triple AAA modern technology software but honestly we can enjoy modernized 16-bit creative ideas that allows 8-player mayhem. It’s a pipe dream, possible but impossible.
If they ended up kicking people out after all of that stated above, it would be truly shameful.
Microsoft, Google, Amazon, Tesla and Meta are all trillion dollar companies yet they are laying people off in large numbers.
I believe the reason Nintendo layoffs off less workers may be a result of their culture. It seems Japanese companies believe in giving their workers long term or life long employment opportunities and will exhaust all options before laying off workers. This is something we don't see much of in the west unfortunately.
What the hell are you talking about? It has nothing to do with how profitable they are. Its completely cultural, MS and Sony make stacks of cash and still lay folks off. Nintendo chose not to lay off staff for the same reason their execs took pay cuts to increase staff pay instead; because they value their staff and view them as colleagues, and respect them as such.
If Sony weren't so US centric I fancy they'd fare better too, they should get shot of US and European leadership and go back to when Japanese execs were running the show if you ask me!
This should make fans attending the ahow event happier as Bandai Namco is bringing some interesting game experiences to the convention.
How did they lose 33m?
They better do a triple A final fantasy 8 remake or something.
i honestly think they should rethink their way to make games.. they spend forever to release a game and by the time it comes out it is outdated technically..
Nomura should stop being in the gaming development.. that guy, as talented as he is, doesn't understand the necessity to work faster on games and his contact with the fans is one of the most terrible in history. 1990s era is over.
Fans want well established Squaresoft IPs.. give us a decent Parasite Eve 3, this series is unbelievably underrated and they can make a great TPS with RPG elements because the story of it is so catching.
To the oldschool JRPG lovers, give them just a remake of Musashi, Threads of Fate, Vagrant Story to start with..
Keep FF and DQ coming every second/third year... and you will see profit.
This story sounds really odd. Wasn’t Luminous working on something AAA related anyway in the FFXV DLC?
This was unexpected. Hopefully they stay away from mobiles now