WotC D&D Hiring New Game Designer Months After Firing Many

The job pays from $86-145k and is for an experienced game designer—presumably much like one of those they let go a few months ago!

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Notably, one of those let go in December in Hasbro’s company-wide cost-cutting cull of over 1,000 jobs was D&D designer Dan Dillon. Dillon posted on Twitter—“Well. There it is. D&D is hiring a game designer, 8 months later. Was it worth it, you soulless f*****g cowards? Did you save enough money?”

 

[Ulorian - Agent of Chaos]

I see where you're coming from. Corporations are not agents of good will, that's for sure!

Can you explain to me though how massive layoffs boosts stock prices? Lower operating costs? Is that your reasoning? VCs and other investors are typically too seasoned than to fall for that trick. Typically when the immediate result is lower output from the company. I can see a rookie team running a company to go for that, but seems unlikely.

@Scribe In other words, your post seems like 'corporations bad'... without any reasoning behind it. It just feels like emotional violence. To your point, though, and in my opinion, most people running corporations are rather soulless. It's a bit of a broad brush, which isn't fair, but that's my experience (based on interacting with these people in person).

But before you make statements like yours, though, I feel you should back them up.

 

[Scribe]

Can you explain to me though how massive layoffs boosts stock prices? Lower operating costs? Is that your reasoning?

It absolutely makes the bottom line look better when a large chunk of the workforce is removed. Those wages are not seen as a positive, they are expenses.

Any time I've been involved in a company doing layoffs, and I've survived several, it has been done to influence either the stock price, or the firm looking to buy us, or sell us.

Yes, its done to boost stock prices.

On the other hand, how long has WotC/Hasbro been doing nasty firings, often around the holidays? 20 years?

Dan Dillon knew what he was getting into when he signed up with WotC/Hasbro or he didn't do his due diligence, but every fanboy wants to work for WotC and work on D&D... Getting fired won't happen to me, I'm special! Until WotC/Hasbro decides that they aren't that special...

Ah, he knew what he had coming.

 

[Scribe]

@Scribe In other words, your post seems like 'corporations bad'... without any reasoning behind it. It just feels like emotional violence. To your point, though, and in my opinion, most people running corporations are rather soulless. It's a bit of a broad brush, which isn't fair, but that's my experience (based on interacting with these people in person).

But before you make statements like yours, though, I feel you should back them up.

I mean I assumed this was common knowledge. The market moves, stock prices move heavily on layoffs. When the layoffs are seen to not damage the company, or because of some massive failure on their part, it is seen as a positive.

Honestly I thought this was known.

 

[Waller]

Dan Dillon knew what he was getting into when he signed up with WotC/Hasbro in 2019 or he didn't do his due diligence,

She was wearing the wrong clothes, right?

Depriving somebody of their job might not be the same scale, but blaming the victim instead of the perpetrator is awful, whatever the situation. Can we not do that?

 

[I'm A Banana]

I hope whoever gets the job starts to unionize is all.

 

[jerryrice4949]

It absolutely makes the bottom line look better when a large chunk of the workforce is removed. Those wages are not seen as a positive, they are expenses.

Any time I've been involved in a company doing layoffs, and I've survived several, it has been done to influence either the stock price, or the firm looking to buy us, or sell us.

Yes, its done to boost stock prices.



Ah, he knew what he had coming.

I agree. The need to always increase stock prices has devalued employees. Employees are often seen more as a cost than an asset. And corporations are soulless indeed. By definition they are an entity created to make money. They have no humanity.

I like D&D but I have no attachment to Hasbro.

 

[mamba]

I am sure I will get attacked for this but it is pretty telling about these forums when WoTC hiring leads to all this vitriol.

it’s not so much the hiring though, it’s the firing from 9 months or so ago. The job opening is just the trigger to talk about it.

 

[Morrus]

I am sure I will get attacked for this but it is pretty telling about these forums when WoTC hiring leads to all this vitriol.

Or maybe there's a valid point buried in there? Is that possible?

 

[jerryrice4949]

I hope whoever gets the job starts to unionize is all.

I doubt that helps much at Hasbro. Hasbro as we know it is dying. They are going to have to reinvent themselves as the toy market continues to decline and with that probably more layoffs and restructures as they adjust to a more digital world.

 

[Ulorian - Agent of Chaos]

I mean I assumed this was common knowledge. The market moves, stock prices move heavily on layoffs. When the layoffs are seen to not damage the company, or because of some massive failure on their part, it is seen as a positive.

Honestly I thought this was known.

Stock prices move heavily on layoffs? Can you show me how this is known? It's sure not known to me! This dude at the Harvard Business Review seems to disagree with you. If you look around, this is actually a complex issue. But you certainly shouldn't take it as a given that layoffs == increased stock value.