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Execs Give Themselves Huge Bonuses While Publishing Garbage

Started by RPGPundit, December 23, 2023, 07:06:19 PM

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RPGPundit

December 23, 2023, 07:06:19 PM
While their company keeps slouching into oblivion, the Hasbro/WotC execs gift themselves massive bonuses.
#dnd #ttrpg #osr

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yosemitemike

#1
December 23, 2023, 07:36:09 PM
So they lay off a bunch of people to reduce costs because of falling revenues and reward themselves for their failure with millions in bonuses.  Is anyone at Hasbro paying attention?
"I am certain, however, that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice."― Friedrich Hayek
Another former RPGnet member permanently banned for calling out the staff there on their abdication of their responsibilities as moderators and admins and their abject surrender to the whims of the shrillest and most self-righteous members of the community.

Ruprecht

#2
December 23, 2023, 10:50:44 PM
I don't think that is all that unusual. Horrible yes, unusual no.
Civilized men are more discourteous than savages because they know they can be impolite without having their skulls split, as a general thing. ~Robert E. Howard

David Johansen

#3
December 23, 2023, 11:00:07 PM
Laying off staff to boost profits and executive bonuses is one of the oldest tricks in the book.  Given how hard they dropped the ball, WotC's ex-Microsoft management are probably just giving themselves a golden handshake on the way out the door.
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BadApple

#4
December 24, 2023, 05:25:02 AM
All of this looks like Chapter 11 preps to me.
>Blade Runner RPG
Terrible idea, overwhelming majority of ttrpg players can't pass Voight-Kampff test.
    - Anonymous

Myrdin Potter

#5
December 24, 2023, 09:54:23 AM
You don't know how to read a proxy statement or understand the timing. The cash bonuses are for last year's results and the stock is long term in nature and the need to perform well enough to have a high stock price to make it worth anything.

1stLevelWizard

#6
December 24, 2023, 10:38:48 AM
At first it was funny until I realized they just dumped the people who make the physical product, now it's just sad. I mean you've got a clear group of people, the design team, that are producing subpar products. Even if you set aside and ignore the political side of their crap, the products themselves just haven't been very good. It just sucks that the people around them have to pay for their bad ideas.
"I live for my dreams and a pocketful of gold"

Captain_Pazuzu

#7
December 24, 2023, 12:10:06 PM
Welcome to Corporate America. 

This is not just Hasbro. 

My favorite is when execs push out brilliant new policies, ignoring all input from middle management, that are complete garbage.  They spend 2-3 years wrecking the company, collect their million, and off to another company while everyone else gets laid off.

Who hires these ivy league buffoons?  Answer... the ivy league buffoons on the boards of directors.

This kind of thing is ubiquitous in the corporate world.

Omega

#8
December 24, 2023, 02:58:44 PM
Quote from: Ruprecht on December 23, 2023, 10:50:44 PM
I don't think that is all that unusual. Horrible yes, unusual no.

Sad but true.

Jam The MF

#9
December 24, 2023, 03:01:36 PM
Quote from: David Johansen on December 23, 2023, 11:00:07 PM
Laying off staff to boost profits and executive bonuses is one of the oldest tricks in the book.  Given how hard they dropped the ball, WotC's ex-Microsoft management are probably just giving themselves a golden handshake on the way out the door.

Corporate executives, will always make sure they get theirs first.  They have been working hard at WOTC, running the biggest name in RPGs into the ground.
Let the Dice, Decide the Outcome.  Accept the Results.

RPGPundit

#10
December 24, 2023, 04:58:44 PM
Quote from: BadApple on December 24, 2023, 05:25:02 AM
All of this looks like Chapter 11 preps to me.

I don't think so. Hasbro still has a market cap in the billions.
LION & DRAGON: Medieval-Authentic OSR Roleplaying is available now! You only THINK you\'ve played \'medieval fantasy\' until you play L&D.


My Blog:  http://therpgpundit.blogspot.com/
The most famous uruguayan gaming blog on the planet!

NEW!
Check out my short OSR supplements series; The RPGPundit Presents!


Dark Albion: The Rose War! The OSR fantasy setting of the history that inspired Shakespeare and Martin alike.
Also available in Variant Cover form!
Also, now with the CULTS OF CHAOS cult-generation sourcebook

ARROWS OF INDRA
Arrows of Indra: The Old-School Epic Indian RPG!
NOW AVAILABLE: AoI in print form

LORDS OF OLYMPUS
The new Diceless RPG of multiversal power, adventure and intrigue, now available.

David Johansen

#11
December 24, 2023, 10:34:37 PM
Honestly, new management and new designers sounds like a best case scenario.  The sooner the better.
Fantasy Adventure Comic, games, and more http://www.uncouthsavage.com

Omega

#12
December 25, 2023, 09:36:19 PM
Quote from: RPGPundit on December 24, 2023, 04:58:44 PM
Quote from: BadApple on December 24, 2023, 05:25:02 AM
All of this looks like Chapter 11 preps to me.

I don't think so. Hasbro still has a market cap in the billions.

For how long? If they keep obsessing with "The Message" and "The Profit" then they will eventually burn out.

Omega

#13
December 25, 2023, 09:37:04 PM
Quote from: David Johansen on December 24, 2023, 10:34:37 PM
Honestly, new management and new designers sounds like a best case scenario.  The sooner the better.

Except they will just hire more of the same nuts allready dragging everything down.

oggsmash

#14
December 26, 2023, 09:23:48 PM
Quote from: Omega on December 25, 2023, 09:37:04 PM
Quote from: David Johansen on December 24, 2023, 10:34:37 PM
Honestly, new management and new designers sounds like a best case scenario.  The sooner the better.

Except they will just hire more of the same nuts allready dragging everything down.

  Well....got to keep those ESG scores up thanks to BR owning quite a bit of stock. 
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