Despite this, Sony seems to be doubling down on Marathon.
I FUCKING HATE corpospeak and I hate it even more when prostitutes, er, I mean "journalists" regurgitate it. Everything out of this faggot's mouth is a fucking lie. A literal fucking lie. I am absolutely MATI but people like him deserve daily beatings until either a drop of truth falls out of their mouths (even if by pure accident) or they learn to stop talking/writing so the lies stop.
"This is not 'lost money' in the sense some are thinking of" ... [punch] It is "lost money" in the sense that it money they once had, that they now do not, and have nothing to show for it. Perhaps he means it's not "lost" in the sense that, although they no longer have it, they have some idea where it
is even if they cannot just go take it back from the thief.
"This wouldn't be happening if Bungie games were doing great and printing loads of cash" ... [punch] No shit. It wouldn't be a "loss" if they were actually "gaining," you dumb fuck.
"The result of all this is not some imminent game/studio shutdown" ... [punch, just because you deserve it] ... immediately followed by "all this is to say there are no guarantees this doesn't produce something like layoffs." That is the slimiest, most weaselly way of expressing the fairly simple statement of "no layoffs or shutdowns have been announced, but are very common after announcements of such high-value number-went-down incidents."
In algebra one of the first things you're taught is to "reduce and simplify." For that last quote from him, the best way to do this would be to delete empty phrases and double-negatives. "There are no guarantees this doesn't produce" ... you can't quite say "there are guarantees this will produce," but you could just ... not say this at all because the phrase adds no value to the sentence. No shit there's no guarantees they won't lay people off. They're losing fucking money. Of course they're going to start lopping headcount, duplicitous faggot.
And "something like layoffs?" What's that supposed to mean? What kind of bullshit faggotry corpospeak bullshit cuckoldry anal seepage language is this? "Temporary involuntarily non-renewal of employment-like behavior?" "Momentary but indefinite suspension of the 'you work here' relationship?"
God I hate liars. I think I hate liars more than most any other kind of "bad person archetype" in existence. Genuinely "pure evil" people are less shitty to this plane of existence than every lying faggot who just lies to your face with a shit-eating grin.
Losing almost a billion dollars in company money should be enough to get you killed in most places, let alone shut down.
It's almost as if the mob can actually run a tight fucking ship sometimes. Las Vegas is the best contemporary example of this IMHO. The mob should never have been chased out. The literal government is more crooked, corrupt and incompetent than the mob ever was. At least the mob kept the streets clean & safe and the casinos honest (lol -- figure
that language out).
How does this differ from depreciation, which is something almost all companies use in accounting for movable fixed assets and nobody really cares about?
Would "impairment" be losses taken on investments, overpaying for a company during an acquisition, government fines, etc.?
Reason I ask is I've never seen that term used in a financial context.
Note: Not from US so I apologise if it's common terminology for you.
Nah, no worries. What you're witnessing here from these corporate stooges is word wanking of the highest order. Short version: "we overpaid for something to a fucking catastrophic degree, have lost enough of everyone's money to make a mob boss murderous, and are desperate not to be fired, fined or imprisoned for criminal fuckery of some kind (perhaps for which descriptive words haven't even been invented yet -- that's how hard we've just fucked up), so we're inventing euphemisms and linguistic fuckery to confuse, obfuscate and hide that fact from shareholders and other 'hammer-bringer-downer' types long enough to fucking escape with our lives."