Square Enix Just Collapsed…

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  • เผยแพร่เมื่อ 13 พ.ค. 2024
  • Square Enix has announced significant layoffs affecting its US and European divisions as part of a broader restructuring initiative. This decision comes amidst efforts to revitalize the company's operations and address disappointing financial performance.
    Full Story: www.smashjt.com/post/square-e...
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ความคิดเห็น • 119

  • @MaterielPneumatique
    @MaterielPneumatique 25 วันที่ผ่านมา +42

    I hope they fire the "ethics" censorship department. Those people should be the first ones to go.

    • @paolo9038
      @paolo9038 24 วันที่ผ่านมา +2

      The "Including people I like, and hate people I don't" department

    • @assasin19991999
      @assasin19991999 24 วันที่ผ่านมา +2

      "ethics"

    • @redharrison894
      @redharrison894 24 วันที่ผ่านมา +1

      ..and talentless people..wait that's the entire Square Enix 😂 this what you get for killing Tomb Raider

  • @stormstrider
    @stormstrider 25 วันที่ผ่านมา +33

    Cleaning out DEI.

    • @stripedrajang3571
      @stripedrajang3571 24 วันที่ผ่านมา +1

      Oddly, they never mentioned getting rid of DEI. It seems they are doing everything but that.

    • @stormstrider
      @stormstrider 24 วันที่ผ่านมา

      @@stripedrajang3571
      If they say things like 'giving the customers what they want'
      that's how you'll know.
      otherwise it comes off as targeted termination, which leads to lawsuits.

  • @daviddesrosiers1946
    @daviddesrosiers1946 25 วันที่ผ่านมา +33

    Early in the PS5 lifecycle PC gamers were saying that Squeenix exclusivity with Sony was a mistake.

  • @Murtaugh395
    @Murtaugh395 24 วันที่ผ่านมา +16

    Wonder how that "commitment to the production of NFT's" decision is going for them...

    • @cuckoophendula8211
      @cuckoophendula8211 24 วันที่ผ่านมา

      Yeah, it really blows my mind that they still went all in with those even _AFTER_ the NFT bubble burst

  • @CMONCMON007
    @CMONCMON007 25 วันที่ผ่านมา +11

    Square Enix always made baffling decisions with their games and releases

  • @fall-neckthetallneck2977
    @fall-neckthetallneck2977 25 วันที่ผ่านมา +9

    All these layoffs in the past 2 years makes me wonder if we are in the start of a gaming crash.

    • @user-yg1jd6dt1b
      @user-yg1jd6dt1b 18 วันที่ผ่านมา

      No, nothing like Atari back in the day. Just a good old fashioned recession.

  • @KermdoubleO7
    @KermdoubleO7 25 วันที่ผ่านมา +17

    it's as if splitting your fan base destroys net profits? 🤔

    •  24 วันที่ผ่านมา

      Splitting... there aren't very many pro dei gamers. It's not splitting but rejecting.

    • @MatrixAlphaCWX
      @MatrixAlphaCWX 15 วันที่ผ่านมา +1

      X ---> Wth are you talking about.
      He meant (Releasing only on PS5)
      Splits the 120+Million PS4 Gamers from the 59+Million PS5 Gamers.

  • @heyokah
    @heyokah 25 วันที่ผ่านมา +14

    The new Square Enix hiring application has three important questions.
    1. Do you use more than one pronoun?
    2. Do you have a septum piercing?
    3. Have you ever screamed in public with a group of like-minded individuals?

    •  24 วันที่ผ่านมา

      What is your hair color.

    • @lukaszzylik4437
      @lukaszzylik4437 24 วันที่ผ่านมา

      Stellar Blade sold 60k in Japan in two weeks. It was a failure, lol.

  • @lesewing
    @lesewing 25 วันที่ผ่านมา +15

    Capcom and Bandai need to do this as well.

    • @_shivers
      @_shivers 24 วันที่ผ่านมา +1

      Both of those companies have done very well the last few years.

  • @pharmcat8484
    @pharmcat8484 25 วันที่ผ่านมา +4

    You hit 25K the same time another guy I follow just hit his goal of 30K. Congratulations to you both, I enjoy both gaming channels even though you are totally different.

  • @MG-me7iw
    @MG-me7iw 25 วันที่ผ่านมา +4

    I am glad you are having a good week, bro!

  • @chrisvandusen5957
    @chrisvandusen5957 25 วันที่ผ่านมา +6

    I will be really sad if we don't get a 3rd game for the Final Fantasy 7 remake series. The series would remain incomplete.

    • @OneCentWonder
      @OneCentWonder 25 วันที่ผ่านมา +5

      Had they just made one game rather than splitting it into 3 full priced games they wouldnt have that problem

    • @thezeddy
      @thezeddy 25 วันที่ผ่านมา +1

      It probably wont get canceled. Sony already put up the money for all three parts for it being exclusive. So its pretty much already funded. Most people saying that square is finished are just jumping the gun for clicks

    • @Comradedevmon
      @Comradedevmon 25 วันที่ผ่านมา +2

      Final Fantasy is made in the Japanese branch I believe. So Final Fantasy is probably safe.

    • @magikmycology6660
      @magikmycology6660 24 วันที่ผ่านมา

      It's already trash. They changed the whole story, it's super boring, complete waste of time and money.

  • @picard2005
    @picard2005 25 วันที่ผ่านมา +4

    When the world is not enough...

  • @storytimewiththecrimsondm1318
    @storytimewiththecrimsondm1318 25 วันที่ผ่านมา +5

    oh hey you are at 25k now. good job
    I may not always agree with you but I like hearing you talk lol. So here's hoping you get to 1 million soon XD

    • @storytimewiththecrimsondm1318
      @storytimewiththecrimsondm1318 25 วันที่ผ่านมา +1

      did i just see that 1 yen = 6 cents? oh... that's bad

    • @SmashJT
      @SmashJT  25 วันที่ผ่านมา

      Thank you! Haha Let's aim for 30k first lmfao

  • @dogsoup5561
    @dogsoup5561 24 วันที่ผ่านมา +2

    That's what I never understood to be honest.. like how much does a company have to pay for exclusivity and why would a studio agree.. I mean for example how much would have Stellar Blade made if it was an all platform release? wouldn't it be waaaay more than an exclusive deal?

  • @Larry
    @Larry 25 วันที่ผ่านมา +10

    Don't forget Squeenix going all in on NFts last year too!

    • @SmashJT
      @SmashJT  25 วันที่ผ่านมา +2

      Good call! So dumb 🤪

  • @HJManRants
    @HJManRants 25 วันที่ผ่านมา +1

    BIG UPs to getting your subs growing, you earned it, and you are very straightforward on your opinions on this industry!

    • @SmashJT
      @SmashJT  25 วันที่ผ่านมา +1

      Thanks so much dude!!

  • @lockepsb
    @lockepsb 25 วันที่ผ่านมา +9

    Yup, give us that Chrono Trigger remake. Shit a 2D HD version would be a chef’s kiss!

    • @IDESTROYER236
      @IDESTROYER236 25 วันที่ผ่านมา +2

      Chrono Trigger with the DS monster arena but multiplayer.

    • @lockepsb
      @lockepsb 25 วันที่ผ่านมา

      @@IDESTROYER236 Chrono Battle Royale!

    • @IDESTROYER236
      @IDESTROYER236 25 วันที่ผ่านมา

      @@lockepsb Lucca bots OP, nerf pls.

  • @Joe-Rad
    @Joe-Rad 24 วันที่ผ่านมา +2

    I am SHOCKED Forspoken didn't earn them profits. Who could have forseen this!

    • @lukaszzylik4437
      @lukaszzylik4437 24 วันที่ผ่านมา

      Are you shocked?
      Forspoken after 2 week sales in Japan: 54k
      Stellar Blade after 2 werks sale is Japan: 62k
      About the same. In comparison:
      Final Fantasy 7 Rebirth 2 week sales in Japan: 325k
      Hell, Eiyudan Chronicles, a game with 2 trans characters as party members sold 120k in Japan in 2 weeks.
      How do you wrap your bullshit narrative around that?

  • @MANNY100123
    @MANNY100123 24 วันที่ผ่านมา +1

    Nice to see some more growth on your channel, Man! G'stuff!

    • @SmashJT
      @SmashJT  24 วันที่ผ่านมา +1

      Thx!!

  • @kblargh
    @kblargh 24 วันที่ผ่านมา +1

    You mean disfiguring the flagship title they promised to remake didn't work out for them?

  • @redmimic5532
    @redmimic5532 25 วันที่ผ่านมา +4

    You are the GOAT, THE GOAT!!!

    • @SmashJT
      @SmashJT  25 วันที่ผ่านมา +1

      💥 💥 🍻

  • @stefanjakobsen6038
    @stefanjakobsen6038 25 วันที่ผ่านมา +2

    0 am I will watch tomorrow bro you pump some great xontent out appreciate it

  • @ringfitmaster3079
    @ringfitmaster3079 25 วันที่ผ่านมา

    Firstly congrats on the 25K subs! That's awesome Smash!
    Secondly I can't say I'm surprised. Square Enix after final fantasy 14 kept trying to make all these live services that have failed tremendously. Remember Babylon's Fall or what about Marvels Avengers?
    Square Enix also tried to jump on the NFT bandwagon. Hopefully their upcoming Visions of Mana game is good but only time will tell.

  • @mikethetowns
    @mikethetowns 25 วันที่ผ่านมา +3

    "Final Fantasy XVI, Final Fantasy VII Rebirth and Foamstars under perform-"
    One of these things is...not like the others.
    And probably took the brunt haha.
    ('Grats on hitting 25k too)

    • @SmashJT
      @SmashJT  25 วันที่ผ่านมา +1

      💥 thanks so much!

  • @pferreira1983
    @pferreira1983 16 วันที่ผ่านมา

    I got to work for Square Enix for a bit. It was a nice experience.

  • @RegalEagle1979
    @RegalEagle1979 20 วันที่ผ่านมา

    I've been saying this since huge budget AAA games started taking over gaming in the PS360 era. If AAA development costs continue to skyrocket, and dev cycles keep getting longer, at some point companies arent going to be able to make money on those games. You can't keep investing unimaginable resources into releasing one or two major games every 5 years and hoping those games sell gangbusters when they finally come out. It's just not a sustainable business model.

  • @johnpenguinthe3rd13
    @johnpenguinthe3rd13 25 วันที่ผ่านมา +1

    This is a shame to hear since I've been playing several new 2024 releases and Final Fantasy 7 Rebirth is game of the year so far. Of the 2024 games I've played AND completed their story modes (in order from greatest to worse, all 2024 new releases):
    1) Final Fantasy 7 Rebirth (this game is AMAZING)
    2) Stellar Blade (this is a game of the year contender, it's awesome)
    3) Rise of the Ronin (I greatly enjoyed this game. Only knock against it is that I wish the graphics were a little better, but overall the game is very good)
    4) Dragon's Dogma 2 (This game is awesome. Only knock against it are the fast travel restrictions combined with how long it takes to get to certain restrictions. It's a nightmare trying to go back and forth between Bakbattahl and the Elf village on foot. Also, the game can get VERY sadistic towards the player over how vague certain things are during certain quests. But overall, it's really a great game).
    5) Princess Peach: Showtime (it's silly, but it is fun).
    6) Foamstars (it doesn't play like Splatoon, it plays more like an old school wave based, single area shooter during the single player story missions. Some of the characters are MUCH better than others. For example, I really like Soa, the pink haired girl, since her super moves are cool and I like her character and back story. On the flip side, I think Rave Breaker is a horrible character and has a horrid back story. Enjoyment depends on which character and which back story you sit through. Overall, I really enjoy 80% of the game. Chloe Noir is the best character, she's awesome).
    7) Mixture on PSVR2. I like this game, but it has problems. The throwing mechanic in this game sometimes works, sometimes doesn't. This game needs patches, but it is fun. If they patch the game it would rank much higher.
    8) Happy FunLand on PSVR2. This is a BAD game. But it falls into the "It's so bad, it's good" category. The game is glitched up, it will give you motion sickness at times, it's REALLY glitched up, but it has a "Dark Disney World" vibe to it which can be hilarious at times. The game needs another two years of development (they need about 200 GB of patches to fix this broken game. LOL) but it can be fun if you want a "Dark Disney" experience. It's kind of worth it just for that. Just don't be surprised when the motion sickness kicks in while your arm is glitching through a wall.
    9) Epstein on Steam. It was only $4. I want my $4 back!!! I only bought it because everyone was screaming about how horrible this game was and I saw it was only $4 so I got curious and wanted to see if it was really as horrid as everyone claimed. Yeah, that was a terrible life choice. LOL. Not all indie games are good. Epstein is freaking horrible. Yeah, it's only $4, but it's $3.99 overpriced.

  • @pehclark7256
    @pehclark7256 24 วันที่ผ่านมา

    I think they just noticed their Mobile game service units are making more money than their console business unit that adhere to ESG.

  • @ollieVeroli
    @ollieVeroli 24 วันที่ผ่านมา

    They f'd around by consulting with SBI and they're finding out the results.

  • @PolishedVideoProductions
    @PolishedVideoProductions 25 วันที่ผ่านมา +1

    I'm happy I helped trigger Alyssa for at least one story to report on to grow your channel - all you, but my goal is to get parents & gamers supporting smaller regular creators...So i feel my VR debautchery was not for nothing...fun way to show people you can control content it VR however...hehehehe!

  • @crabwalktechnic
    @crabwalktechnic 25 วันที่ผ่านมา +3

    That Final Fantasy joke was so horrendous that I now side with Alyssa

    • @SmashJT
      @SmashJT  25 วันที่ผ่านมา +2

      Honestly I can’t blame you

  • @nicholascowling7052
    @nicholascowling7052 24 วันที่ผ่านมา

    CD Projekt Red has been open about embracing DEI and it will be interesting to see what happens with Witcher 4 and if there is any backlash surrounding that. There's also Insomniac Games that has their upcoming Wolverine game and has had Kim Bellair of SBI do consulting work for them on the game. Will be interesting to see if there's backlash surrounding that game as well when it comes out.

  • @Shatterglass23
    @Shatterglass23 25 วันที่ผ่านมา +1

    It's not lucrative now because the fanbase has list belief in Square. Being Exclusive has nothing to do with it. Honestly people trip over games Being Exclusive WAY too much

  • @HenrikoMagnifico
    @HenrikoMagnifico 25 วันที่ผ่านมา +4

    This is what happens when you split up a MASSIVE REMAKE in 3 separate games years apart from each other and expect them to sell as well as new games.

    • @zid9611
      @zid9611 25 วันที่ผ่านมา

      Yup they should have seen that coming. Hitman series one. did the same thing. Ever part get less money. Till the next game came out. Then a big chunk of the fans came back to play the rest of 1.

  • @lukaszzylik4437
    @lukaszzylik4437 24 วันที่ผ่านมา

    Thats wild. FF7 Rebirth sold 325k in two weeks. In comparison Eiyudan Chronicles sold 100k+ first two weeks and that was a success.
    Stellar Blade Sold 60k. It sold like a giant wet fart

    • @chrissaeteune4455
      @chrissaeteune4455 24 วันที่ผ่านมา

      Those numbers are fake ff7 rebirth is woke eiyuden chronicles also woke and stellar blade had a more attention about the censorship so it sold even less.

  • @s-h-r-e-d
    @s-h-r-e-d 24 วันที่ผ่านมา

    I'm gonna be honest, I now need my daily dose of Mercante

  • @user-tv5hl8zu9s
    @user-tv5hl8zu9s 25 วันที่ผ่านมา +1

    I thank you for making this channel I appreciate it you are a funny person

    • @SmashJT
      @SmashJT  24 วันที่ผ่านมา

      You are so welcome!!

  • @DoYouNerd
    @DoYouNerd 23 วันที่ผ่านมา +1

    From the SNES I jumped ship to PS1 because I followed Square, so it's kinda funny how Nintendo focused they are, like an ex asking to be taken back. Also, wait, what, people are just NOW getting back to work? WTF lazy sods! lol

  • @hacktormike3679
    @hacktormike3679 24 วันที่ผ่านมา

    Maybe they just forcing a lose so they can replace everyone with AI

  • @kanadwen
    @kanadwen 25 วันที่ผ่านมา +1

    SMAAAAAAAAAASH, JT!!!!!! love ya buddy

  • @johangrannas4837
    @johangrannas4837 23 วันที่ผ่านมา

    This is the tip of the iceberg of things to come. It doesnt take a genius to do the math... If you pay for gamepass or ps+ you get more games than youll ever have time to play. At the same time the big boys increase the standard price for a game close to 100 coins. I say, it takes one flawless diamond of a game to be in the league of for example gtav.. Who buys the lesser games? No wonder Microsoft's AAA empire is crumbling too since they compete internally for the money of the masses. Hopefully we learn to see indie games as the new normal when all the gargantuan gaming studios fall. Inflation is the beginning of next gen gaming.

  • @hamishpankhurst8248
    @hamishpankhurst8248 24 วันที่ผ่านมา +1

    There games are so good though!

  • @MasterSystemMarceau
    @MasterSystemMarceau 24 วันที่ผ่านมา +2

    I think it's a good thing. Modern gaming is awful. Maybe this will force the industry to rethink how to make games and not just feed us with garbage.

  • @curtiswilson4737
    @curtiswilson4737 24 วันที่ผ่านมา +1

    Thank western DEI

  • @AlexanderosD
    @AlexanderosD 24 วันที่ผ่านมา

    Maybe a pruning process, but maybe Square Enix will be a foreshadowing of the coming hopeful forest fire of the game industry.
    We need to see the entire game industry collapse so fresh new budding independent development studios can thrive without the weeds of publishers and corporations.

  • @fdnfdnasd7714
    @fdnfdnasd7714 24 วันที่ผ่านมา

    Dear square enix, can you make front mission 3 remake, before bancrupt?
    or just port it to PC/xb/ps. Do something usefull before you close all studios.

  • @janong9873
    @janong9873 25 วันที่ผ่านมา

    Smash why are video game companies losing money?

  • @KawaiiKemono
    @KawaiiKemono 22 วันที่ผ่านมา

    Square will save themselves, they've done it before

  • @mikeso2084
    @mikeso2084 24 วันที่ผ่านมา

    I really hope they rebuild it with Japanese values in mind!

  • @SickPrid3
    @SickPrid3 25 วันที่ผ่านมา +1

    Drama over absolutely nothing
    Profit attributable to owners of parent FY24: -69,7%
    and literally couple lines below in the same report
    Profit attributable to owners of parent forecast FY25: +87,8%
    They just cleaned the books and move shit around.

    • @RaindancerAU
      @RaindancerAU 25 วันที่ผ่านมา

      Agree, this stuff happens to companies all the time, losses happen, fat is trimmed, the world moves on, so many videos like this are overly dramatic.

  • @DemonicAkumi
    @DemonicAkumi 25 วันที่ผ่านมา

    Cool, I guess.
    I haven't liked anything Playstation since the PSP and the PS2.

  • @KritoSkywaker
    @KritoSkywaker 7 วันที่ผ่านมา

    One of the main reasons is why Square Enix is in hot mess, is the underperformance of FF7 Rebirth. According to what my friend shown me, he did a bit research and FF7 Rebirth's launch sales were disasterous. 265k Units. Worse than FF XVI and even worse than Lightning Returns.
    And let us not forget about the wasted money into Marvel's Avengers, Forspoken and of course...their involvement and investment into NFTs.

  • @geoffreychauvin1474
    @geoffreychauvin1474 24 วันที่ผ่านมา

    Square Enix stopped making games that were expressly Japanese. That's what made them great. When they began wanting to appeal to a mostly western audience they lost what made them charming.

  • @elezraita
    @elezraita 24 วันที่ผ่านมา

    Not sure what you mean by “before t gets better’. Seems like this is it getting better. Getting rid of western developers can only make their games better.

  •  24 วันที่ผ่านมา

    Palworld did fine... could it be related to some political ideology?

  • @zid9611
    @zid9611 25 วันที่ผ่านมา +1

    I mean going that that rep is trash. And they straight up refuse to go back to 2d games. There bread and butter. Ya of course they're dieing. There nothing special about them at this point.

  • @salvadormendoza5045
    @salvadormendoza5045 25 วันที่ผ่านมา

    Square is far from "screwed"... they plan on releasing big quality titles on PlayStation, PC, Xbox, and Nintendo... A company that is "screwed" isn't capable of releasing big games on all 4 platforms...

    • @paolo9038
      @paolo9038 24 วันที่ผ่านมา +2

      That's true. But they don't have a great situation, also they are becoming woke which is far worse than being screwed

  • @disgruntleddude6105
    @disgruntleddude6105 25 วันที่ผ่านมา +6

    If only they remade FF7 1:1 when they put out that pointless tech demo and refused to do what was expected after. I haven't taken them seriously since such an act.

  • @MegaMasher825
    @MegaMasher825 24 วันที่ผ่านมา

    Ok so this title claims Square Enix collapsed. So if I see evidence of them still existing, I'm marking your channel to not show up in my feed. Cool?

    • @MegaMasher825
      @MegaMasher825 24 วันที่ผ่านมา

      Yup so they are still operating. Goodbye

  • @OoTRIGGAMANoO
    @OoTRIGGAMANoO 24 วันที่ผ่านมา

    Man I keep hearing Rippa and Az bring you up but they never mention your channel. You ok with that? You must not be in with em cause they name drop every chance they get for any reason. You're just "that guy" though for now. Seems like they should be trying to help fix that instead of bringing up your situation but leaving your name out of it. Unless that's what ya want.

  • @dannyd464
    @dannyd464 24 วันที่ผ่านมา

    Go woke go broke......🔥🤣🔥

    • @thezeddy
      @thezeddy 24 วันที่ผ่านมา

      Isnt this the same company we all praised a year or so ago for not being woke because they refused to apologize for there not being any non white people in ff16? Has something changed or do people just spam woke without knowing anything

  • @IDESTROYER236
    @IDESTROYER236 25 วันที่ผ่านมา

    Congrats on the 25 sus crabbers.

  • @Spacemutiny
    @Spacemutiny 25 วันที่ผ่านมา

    I honestly think they are in big trouble even if they switch to multiple consoles. The Nintendo switch can’t run their games. Let’s be honest. Xbox players I really don’t think care about Final Fantasy.

  • @BenFoster-cx4em
    @BenFoster-cx4em 24 วันที่ผ่านมา

    forspoken almost killed square enix. Any other devs looking to go out of business? Just add some dei to your product : D

  • @SoundsOfSushi
    @SoundsOfSushi 24 วันที่ผ่านมา

    Sadly, Square Enix peaked around the late 90s. Everything after that was just trash.

    • @thezeddy
      @thezeddy 24 วันที่ผ่านมา

      Not if your a dragon quest fan

  • @gilmer3718
    @gilmer3718 25 วันที่ผ่านมา

    30% profitsd aren't bad, except when you compare them to the high. So, maybe they can bounce back.

  • @knightmarekitsune
    @knightmarekitsune 25 วันที่ผ่านมา +1

    Time to make Final Fantasy XVII

  • @themadmoderator8465
    @themadmoderator8465 24 วันที่ผ่านมา

    well tell gamers not to buy your games make everything a live service title (failing to realise most gamers might play one of those and two maximum) and fact virtually every single gamers has more games than they can ever play. end day they can become indi devs and make rainbow non binary games as according twitter everyone wants them lol

  • @deltavagen9796
    @deltavagen9796 23 วันที่ผ่านมา

    who cares

  • @KrunchyTheClown78
    @KrunchyTheClown78 25 วันที่ผ่านมา +2

    I think the gaming industry needs to collapse completely, and start over fresh and new.

  • @matthewhearne7200
    @matthewhearne7200 25 วันที่ผ่านมา

  • @EvEnMoR
    @EvEnMoR 25 วันที่ผ่านมา +1

    Congrats on the sub milestone dude. You've definitely been earning it lately! 👍🫡

    • @SmashJT
      @SmashJT  25 วันที่ผ่านมา +1

      Thanks so much man!!