Breaking News: Layoffs at Nvidia

Jens-Hsun sent the following email to Nvidia employees earlier today. Dear Nvidians, My heart is heavy today as I am regretfully writing to inform you of the difficult news that we must lay off 10% of our workforce, due to a series of unfortunate circumstances. As your CEO and leader, I take full accountability, and I want to outline the events which have led us to this decision. We wanted to give 110% to our customers and investors, so we invested heavily in creating the world’s best gaming technology. As a result of this, we ran into a series of unforeseen problems. Our new technology, while incredibly advanced and powerful, was actually too powerful. It turns out that when a gamer plays the latest first-person shooter and chooses the highest graphics settings, the graphics are so good, it causes the enemy AI to get overwhelmed and give up. So in effect, the games have been unbeatable. Unfortunately, this means we have to take a step back and make some tough decisions. We hope that the affected employees can find greener pastures and re-enter the workforce in no time. I wish all of you the best of luck, and thank you for your hard work and dedication. Sincerely, Jens-Hsun Hwang Nvidia CEO