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Morrow posted:The Trump Legal Troubles thread in Debate and Discussion had a derail related to Pact of the Blade Warlocks. Can you link where that started?
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Apr 6, 2024 18:56
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If anyone here likes to draw in black and white, ARC DREAM put out a call for artists to work on their upcoming Black Company RPG
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Apr 17, 2024 01:12
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Cynthia Williams just resigned from WoTC, effective April 26th. This is a ridiculously short amount of time for an executive, especially since it reads as her choice. https://investor.hasbro.com/node/36526/html
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Apr 17, 2024 16:42
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Thanlis posted:Cynthia Williams just resigned from WoTC, effective April 26th. This is a ridiculously short amount of time for an executive, especially since it reads as her choice. I suspect a health issue or family crisis. Even getting shitcanned takes longer than that.
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Apr 17, 2024 18:02
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Or a total loss of confidence in hasbro and an unwillingness to do what they want her to do (deliver more with less funding)? That's 100% speculation but it's very unusual indeed for a president to resign so quickly.
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Apr 17, 2024 18:07
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And D&D sees another Williams woman fall....
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Apr 17, 2024 18:28
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Leperflesh posted:Or a total loss of confidence in hasbro and an unwillingness to do what they want her to do (deliver more with less funding)? That's 100% speculation but it's very unusual indeed for a president to resign so quickly.
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Apr 17, 2024 19:35
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She's been in the position a little over 2 years, I think. But according to the filing, she gave less than 2 weeks notice. Assuming that's accurate, it seems to point to a personal issue, scandal, or her being pissed off.
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Apr 17, 2024 19:47
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Halloween Jack posted:She's been in the position a little over 2 years, I think. But according to the filing, she gave less than 2 weeks notice. Assuming that's accurate, it seems to point to a personal issue, scandal, or her being pissed off. Or she got a new job.
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Apr 17, 2024 19:55
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Dexo posted:Or she got a new job. Eh, even corporate executives give two weeks' notice as a courtesy. To do otherwise without a crisis at hand is absolutely a bridge burning move.
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Apr 17, 2024 21:02
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She just got tired of the dudes working there saying "oh you're the CEO of WOTC? Name every orc."
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Apr 17, 2024 21:09
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Thanlis posted:Cynthia Williams just resigned from WoTC, effective April 26th. This is a ridiculously short amount of time for an executive, especially since it reads as her choice. The quarterly earnings come out on April 24th, lol. Sincerely doubt it's her choice.
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Apr 17, 2024 21:15
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My last job had a 2 month notice period as a senior manager, 2 weeks at her level is wild.
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Apr 17, 2024 21:15
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Dexo posted:Or she got a new job. Internal memo said this is the reason but it is sudden and comes not long after the HR head resigned as well
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Apr 17, 2024 21:17
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Solus posted:My last job had a 2 month notice period as a senior manager, 2 weeks at her level is wild. In the US? I try to give 3-4 weeks notice as a senior paper pusher / toucher of computer stuff which is unheard of in the US and seen as the norm for my UK / IRE bosses.
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Apr 17, 2024 21:19
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theironjef posted:She just got tired of the dudes working there saying "oh you're the CEO of WOTC? Name every orc." Whitney Houston wait what are we doing
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Apr 17, 2024 21:26
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Megaman's Jockstrap posted:The quarterly earnings come out on April 24th, lol. Sincerely doubt it's her choice. The disclosure form is probably better to file before rather than after the earnings report, because the earnings report is supposed to disclose material information and "We knew she was resigning but didn't say so when we reported our earnings" could be a no-no under various weirdo SEC rules. IOW I don't think we can use this bit of information - that Hasbro is disclosing her having given notice now, in advance of earnings - as evidence that she was fired or that she quit.
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Apr 17, 2024 21:34
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I dunno. Based on my own corporate experience you get your earnings reports together about 2 - 4 weeks before the quarterly call. You're absolutely right that I can't say with definitive proof "WotC took a dump and she's been sacrificed to the investor gods" but all the timings are lining up the right way.
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Apr 17, 2024 21:39
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Megaman's Jockstrap posted:The quarterly earnings come out on April 24th, lol. Sincerely doubt it's her choice. There are none of the usual signals: “spending more time with her family.” Also the filing says she informed them. This isn’t someone getting fired; it could possibly be someone who was told to do a thing and decided not to do it.
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Apr 17, 2024 21:39
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Oh, I see what you mean Megaman. Generally you don't want to be filing a form 8-K like one week after your earnings, but you're saying in advance of bad earnings, Hasbro wants to have all the bad news on the table including "we fired the president" at the same time. That said, they didn't literally fire her, although demanding a resignation is a thing too. But it's very hard to simultaneously claim that you fired her for performance but also that she quit and totally wasn't fired, honest.
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Apr 17, 2024 21:42
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The CEO AND the head of HR quit the same month? Sounds like a scandal is coming very shortly.
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Apr 17, 2024 22:37
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Comstar posted:The CEO AND the head of HR quit the same month? Sounds like a scandal is coming very shortly. She's just the head of a subsidiary, not CEO (Although the memo makes it out like she's leaving to become a CEO elsewhere), but it is still interesting timing
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Apr 17, 2024 23:43
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Yeah her title is President. Part of the reason Hasbro could offer her to resign instead of publicly firing her is the same reason she would probably not be public with reasons why she's quitting if she's doing that: burning bridges goes both ways, Hasbro will need to fill her position and publicly burning the previous person does not help with your hiring effort. There are exceptions, surprisingly quite a lot of them, but the normal thing to do at this corporate level is to put on a public face of amicability by both parties and that is what I am expecting.
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Apr 18, 2024 00:46
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Megaman's Jockstrap posted:I dunno. Based on my own corporate experience you get your earnings reports together about 2 - 4 weeks before the quarterly call. You're absolutely right that I can't say with definitive proof "WotC took a dump and she's been sacrificed to the investor gods" but all the timings are lining up the right way. lol if you’re not tweaking the earnings report right until the CFO’s assistant dials the speakerphone into the voice bridge
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Apr 18, 2024 01:56
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So which "scandals" were under her tenure? MTG 30th Anniversary proxies, Pinkertons, the whole D&D Beyond and licensing thing, the WOTC people that helped interact with Larian to make an ultra successful game that got shitcanned,
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Apr 18, 2024 02:03
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Leperflesh posted:Yeah her title is President. 108% odds her severance comes with a non-disparagement, mutual if her employment lawyer is any good
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Apr 18, 2024 02:05
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Embracer is splitting into three companies: Asmodee Group, “Coffee Stain & Friends”and “Middle-earth Enterprises & Friends”. https://embracer.com/releases/embra...sdaq-stockholm/
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Apr 22, 2024 12:27
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CitizenKeen posted:Embracer is splitting into three companies: Asmodee Group, “Coffee Stain & Friends”and “Middle-earth Enterprises & Friends”. I'm no expert, but it's interesting to see that Asmodee has the lowest headcount and the highest net sales. Though the EBITDA is better on the others, perhaps because 'amortization' likely includes things like recurring microtransactions and subscriptions which video games have found more viable for many reasons. I dunno, just kinda spitballing here.
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Apr 22, 2024 12:50
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CitizenKeen posted:Embracer is splitting into three companies: Asmodee Group, “Coffee Stain & Friends”and “Middle-earth Enterprises & Friends”. whoever workshopped these names needs to uh, workshop them a bit more.
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Apr 22, 2024 15:58
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Yeah the names are absolutely miserable, especially since they still have THQ Nordic kicking around which was a respected name before they decided to turn into an all consuming amoeba.
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Apr 22, 2024 16:30
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Thanlis posted:This isn’t someone getting fired; it could possibly be someone who was told to do a thing and decided not to do it. We just had someone fairly high up in leadership in my group have their departure announced with no notice; they'll be on PTO for what would normally be a notice period. Apparently there was a difference of opinion on strategy, and they must have felt very strongly about it.
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Apr 22, 2024 16:43
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Bottom Liner posted:whoever workshopped these names needs to uh, workshop them a bit more. Kurieg posted:Yeah the names are absolutely miserable, especially since they still have THQ Nordic kicking around which was a respected name before they decided to turn into an all consuming amoeba. Did you miss this part? quote:[1] Official name will be decided at a later stage.
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Apr 22, 2024 16:59
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Coffee Stain had the incredible fortune to publish Deep Rock Galactic, which has become a massive success. I assume that's why they chose that foot to put forward instead of THQ Nordic for their modest studio.
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Apr 22, 2024 17:00
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Hel posted:Did you miss this part? buddy, do you think i'm reading a press release from embracer instead of just mocking the headline?
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Apr 22, 2024 17:03
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quote:As part of the Asmodee separation process, Embracer Group has, through Asmodee Group, entered into a new financing agreement amounting to EUR 900 million. The proceeds from the financing are used to repay existing debt and reduce leverage in the remaining Embracer Group. As announced today and further detailed in a separate press release available at embracer.com/investors. Didn't realize Embracer was studying 18XX games so hard
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Apr 22, 2024 17:11
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18xx is borderline idealistic compared to late-stage capitalism.
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Apr 22, 2024 17:54
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Bottom Liner posted:buddy, do you think i'm reading a press release from embracer instead of just mocking the headline?
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Apr 22, 2024 18:06
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admanb posted:18xx is borderline idealistic compared to late-stage capitalism. I got one of those games and maybe one day I'll play it.
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Apr 22, 2024 18:33
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This basically means Asmodee gets all of the debt from the restructuring while the others don't, right?
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Apr 23, 2024 04:13
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Yep. The old Toys R Us maneuver.
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Apr 23, 2024 04:21
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