TAX THE FUCKING RICH!!!
70% of that $2.4 million should have been taxed and he can do whatever he wants with the remaining money. OR he can get paid what he actually deserves and leave the rest for the company to become stronger.
this post was submitted on 02 Aug 2024
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Nobody deserves to be able to buy $2.4mil of toys. Period. This guy is gross.
I believe it's peer pressure once you have that kind of money. They are so far from reality they just don't think about it. All their cocaine-buddies ramble about how they "deserve it" to throw money out of the window, they worked so hard yadda-yadda.
It's bonkers. But I also never had that kind of money. Maybe we would all do the same thing?
Maybe we would all do the same thing?
That's precisely my point. That kind of wealth should not be allowed, specifically because it seems to lead to this kind of behavior. Rare is the wealthy philanthropist; common is the wealthy psychopath.
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I believe it’s peer pressure once you have that kind of money. They are so far from reality they just don’t think about it. All their cocaine-buddies ramble about how they “deserve it” to throw money out of the window, they worked so hard yadda-yadda.
There was a fantastic write up on Reddit 6 or 7 years ago where a person that rubbed shoulders with the rich explained the drastic differences in behavior between different strata of the rich. He cited there are absolutely those that spend excessively to try to appear more rich than they are. I think the net worth of this category was between $20 million and $200 million (those numbers are from memory). Above that those rich largely don't do that anymore, and are surprisingly more practical. If someone has a link to that, I'd love a re-read of it. It was very eye opening.
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Keeping the wealthy is unethical. They're not getting the right food for their dietary needs and their enrichment activities are unhealthy. We also can't release them back into the wild because they haven't learned the survival skills they need. We really need a rich people zoo where people can go visit them and learn about how capitalism has prevented them from being able to live the healthy normal lives their physiology was built for
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Mythic Quest CEO Level Achieved.
Next up, stories of inappropriate conduct leak and somebody tiger's a camero.
At the average American salary (approx. $60,000) Bungie could have employed 40 people for one year on what this guy spent on cars.
Probably significantly fewer. Here in the UK someone's salary is about half of what it costs a business to employ them. It might be more than that in the USA but there will be other non-salary costs per employee.
Looks like the rule for the US is much different, only 1.25-1.4x the salary in total costs. That average salary is probably only correct for a junior employee though. But you can safely assume it’s around 100k at least per employee.
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The most common number for fully burdened payroll in the US is around 120%. It’s very region, industry, and company specific though.
FWIW that is not the average salary in the tech industry.
My neighbor works for Bungie. I’m too afraid to ask if she still has a job. Getting laid off sucks but I bet working there still sucks too. I bet their office is a fuckin graveyard.
The morale nosedive that layoffs bring means the loss of company productivity is so much higher than just who you let go. They have to be the absolute last resort. Pete Parsons has to go.
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You might wish to just ask her in passing, "hey, I heard what's going on at Bungie, is everything okay?" Whether she does or doesn't still have a job, she is probably stressed as hell and could probably use some kind words.
Wanna know what's even more sad? That 2.4m is only enough to pay for salary of 10 employees. This is salary, benefits, and additional respurce costs and personel usage. Basing this based on my friends who work for bungie and their salary is nothing enough for this areas cost of living.
So instead of spending money on extravagant expenses they could have fired 5% less people this round.... Compared to what the money is spent on that still sounds good.
Though it indeed makes little difference in the big picture, this is still a bad image.
That still doesn't justify paying one person so much that his budget for shoving old cars in a garage is the pay for ten people who actually work
I guess the final shape ended up being a garage full of cars that will never be driven.
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You finally found out you’re just a digit.
Man as a long term destiny player, this has just been heartbreaking. The latest expansion was absolutely amazing and you could tell the devs really put their heart and soul into it. And now a lot of them are gone. The narrative leads, longtime leaders of the franchise, all canned.
Rumors about what's upcoming suggest a major downsizing in the content that's going to come out for players too. So I'm not even sure how they plan on continuing to make money.
Fuck Parsons.
It just seems like it's dug it's own grave so effectively that there's no way to climb out.
In theory I love their aim of player retention, but they focused on it so exclusively that it became a challenge to start playing, or to come back. The new player experience isn't just bad or non-existent, it's basically actively hostile. Most of the story content isn't accessible anymore, so you're depending on dozens of hours of Youtube videos to catch up on a decade of in-jokes that you can't experience. It's like Eve, but worse because it was written, not just player interaction lore. Even as someone who played D1 and the first few years of D2, looking at current screenshots and trailers is alienating. They've revamped and juggled currencies and what power levels are so much that basically nothing is the same.
The pivot to seasons/microtransactions while ignoring recruitment of new players was a wild choice.
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It would also be another thing is this was a "hero" CEO.
But... what has Bungie done that's interesting besides Destiny? Was his plan was to just keep doing that?
Destiny was supposed to be their “forever” game, the problem is that after 2 dozen expansions:
- New players are extremely intimidated about joining
- Old players dislike losing the content they’ve paid for when it’s vaulted
- Long term players will eventually get bored of playing the same thing they’ve been playing for years
Live service games just won’t last forever like they want them to.
Precisely.
Developing one MMO forever is not a great strategy, and I'd argue they aren't executing it like the Warframe devs (which is its direct competitor I guess).
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I never even realised they were owned by Sony. I’m sure I remember them saying they left Microsoft to have greater control internally. Seems mad to go for more of the same.
Guys, all of you are being really mean. Do you know how many cars he would have to give up buying if he didn't lay all those employees off?
At least one. Probably.
I just cannot fathom this absolutely brainlet, short-term thinking. Yeah, these people have created some of the best content we've ever made (according to player feedback). Let's fucking fire them all!
When did "investing" die and rise as a revenant obsessed with burning down the building to get one more penny? Do billionaires know something we don't and are burning everything down because the planet's gonna explode?
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this company is about to implode, no doubt. there's no way they recover from this when they launch whatever comes next (I hope I am wrong, but this is just so messy)
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The 2.4 million are company money. Money that he had no right to spend on himself be it cars or otherwise.
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