[Music] thank you [Music] hey guys Brent here I'm so happy to welcome you all the bone smash Fest 2023 I can't believe it's that time of year again already time for you and me and all of our fellow smash mates to get United get excited and get smashed for another incredible year we have a lot to celebrate tonight as we kick off our annual company Festival we'll be hearing from some of our inspiring leaders we have an exciting announcement to make regarding our new CEO and of course we'll be handing out some awards as you all know 2022 was very good to us record setting profits and I want to thank all of you for all
of your your hard hard work for making that possible but just because the year was good to us it doesn't mean we can rest in our laurels we have to hunker down for Hard Times if you truly want to be a smash mate you've got to bring Grit tenacity hardcoreness Grit and yes that means everything's on the table fever promotions hiring freezes less perks like low deductible health insurance anything to maintain a competitive Advantage for share uh players with that I'd like to hand it off to Brenda our Global head of talent to answer some of your burning questions about the future of the company Brenda hey smash mates it's Brenda great to see all of you again today and super great to read all of your compelling questions you submitted in advance of bone smash Fest let's Jump Right In
first question given our record-setting profits in 2022 why are we telling shareholders about a 10 layoff look I have to say there's so much passion in these questions thank you so much from the bottom of my heart for taking time out of your day to submit this thoughtful feedback I think what's important to consider not only with this question but questions like these everything we're going to tackle today is our core value of Smashing together it's more important than ever to live in you know what I'm sorry I'm told that's all the time we have today for questions next up we have our chief operating officer Brian to talk some exciting office news hey guys it's Brian I'm really excited to share with you our plans to come back together forever thanks to our return to
office plan a beautiful thing about our industry is that we create these Virtual Worlds that connect people no matter who they are where they live what their background is and that's why to create these Virtual Worlds we need to come together in the physical world I know coming back to the office is a tough pill to swallow after working from home all this time but we heard your feedback and that's why we are embracing a flexible hybrid model to work from home flex days per month for all smash mates just make sure you get your manager's approval 30 days in advance I'm sorry HR just reminded me it's not actually for all smash mates uh you have to be a full-time employee to take advantage of this contractors sorry we can't have it all I'm excited to see all of you in the office on Monday including our VP of Special Projects Brandon
thanks Brian Brandon here some of you know me as the guy with the dope monkey avatar on slack I'm stoked to announce our exciting new pivot in my new role that's right I'm transitioning from head of crypto and metaverse strategy it's a head of AI strategy I read this incredible Twitter Thread about how generative AI is going to revolutionize game development and boom it hit me I realized that generative AI is going to revolutionize game development and the most exciting part is that I'm writing the business plan entirely using chat GPT all right back to our president Brent to wrap this up thanks Brandon I can't wait to see that business plan I want to thank all of you again for smashing your hearts out every day for this company tonight is our night to celebrate so soak it in next up we have our Awards followed by
our company party which has a two drink minimum I'm just kidding it's a two drink maximum because of all the complaints bone smash Fest 2023 commences now and join me in giving a warm welcome to your new CEO a woman Leslie Sullivan [Music] [Applause] [Music] [Music]
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Distilling the key insights…
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