As if it’d be better run by private interests in the US 😂
The letter was sent on January 22 and suggests the debt-financed $55 billion acquisition, which will purportedly result in PIF holding a 93.4 percent stake in the Battlefield and Apex Legends publisher, will incentive layoffs, offshoring, studio closures, and other cost-cutting measures.
“incentive”
Also, isn’t this what yanks have been doing for decades? Don’t seppo businesses regularly fire a bunch of employees before the end of the financial year to have “record-breaking fourth quarter” and then hire back a bunch of people? Painting the Saudis as worse capitalists than the USAians is just hilarious
Their concern isn’t that people are getting laid off but that they’ll be laid off here and replaced with people abroad; and the executives benefiting from the cost-cutting are no longer Americans in this case.
I think it’s really only the latter: if rich yanks benefit = good, if non-yanks benefit = bad. They don’t give two shits about USAians non in the C-suite being laid off. They haven’t since the beginning and won’t start now.
As if it’d be better run by private interests in the US 😂
“incentive”
Also, isn’t this what yanks have been doing for decades? Don’t seppo businesses regularly fire a bunch of employees before the end of the financial year to have “record-breaking fourth quarter” and then hire back a bunch of people? Painting the Saudis as worse capitalists than the USAians is just hilarious
Their concern isn’t that people are getting laid off but that they’ll be laid off here and replaced with people abroad; and the executives benefiting from the cost-cutting are no longer Americans in this case.
I think it’s really only the latter: if rich yanks benefit = good, if non-yanks benefit = bad. They don’t give two shits about USAians non in the C-suite being laid off. They haven’t since the beginning and won’t start now.