[krainboltgreene]

> Everyone overhired the last 3 years thinking the good times were forever.

It's very convenient that this isn't measurable and if you asked anyone in the industry at the time they most likely would have said "We don't have nearly enough" people.

[MaxHoppersGhost]

That’s how overhiring occurs a lot of the time.

[johnnyanmac]

I don't like the term "overhiring" in these discussions because it implies that these studios didn't estimate the costs of development and see layoffs as a mark of failure.

Neither are true. They took a gamble with low risk and the low risk became normal risk. Layoffs often come with a small stock rise, so they aren't even shamed by shareholders for trimming down. It's devastating for employee morale but that's rarely a factor in these decisions.