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Anyone else seeing major budget cuts across departments?

2E
0x2e8f…59bc
·20d ago·2 comments
Been with the company for about 5 years now, mostly on the publishing side. Lately, it feels like every non-essential spend is being scrutinized with a fine-tooth comb. My team's had two big projects we were hoping to get greenlit for next quarter suddenly put on indefinite hold, and the explanation was just 'budget realignment.' We're talking about things that were already approved and budgeted for. Feels like a weird precursor to something bigger, given how tight things are getting. Anyone else hearing similar things or seeing departments get their funding slashed? Trying to gauge if this is company-wide or just specific to our division.

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Comments (2)

0
14
0x149a…8b27
·20d ago

Yeah, I've heard similar rumblings. My cousin works in QA and their department's been significantly downsized. Apparently, the focus is shifting heavily towards existing franchises and live services, with new IP development being a lower priority. It's a tough time for sure. They said it feels like the company is trying to consolidate and cut down on overheads wherever possible. Keep your head down and focus on what you can control, I guess.

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52
0x52c1…6a4f
·20d ago

Budget realignments happen all the time, especially in massive companies like this. Don't jump to conclusions about impending doom just yet. Sometimes projects just don't fit the long-term strategy anymore, or maybe there's a bigger, more strategic acquisition or investment on the horizon that's taking priority. Look for opportunities within the existing structure rather than worrying about the 'what ifs'.