I don’t work in the gaming side of the industry but I’ve been in tech for a few decades myself as well. I have (luckily) avoided similar situations but I’ve seen it happen to folks that I worked with where they were laid off by some shit bag CEO who didn’t know fuck from shit and then ended up being the head of the company they went to a few years later and pulled the exact same maneuver. It’s wild how once you reach a certain level you’re basically too big to fail there is no consequences for you other than a golden parachute until you land the next gig with your crony buddies.

I hope you’ve landed at a better place that at least provides some semblance of stability. Good luck out their friend.