>>725203459 (OP)
OK first off, a lot of the money they "lose" is just paying off interest on money they loaned from themselves through shell companies, that's a standard Hollywood practice, so let's assume it's valid for most industries.
Next you need to consider that a lot of the workers being hired or laid off are really just numbers on a spreadsheet for performative shareholder manipulation, so that the boss can look good for firing people when they're doing poorly. You still need to pay them or make that money disappear.
Next you need to factor in all the money being wasted on consultants to hold the hands of managers and CEOs, as well as the extra money that outsourcing studios take for producing worse work.
Now you can start considering how little work is actually getting done, because the competent developers are getting no direction from management or are otherwise being mismanaged.
After that you can start looking at work that is actively being ruined, either because someone wants to climb the office politics ladder, no one has the office politics clout to kill a dumb idea or because someone hired someone who is good at hitting deadlines, but bad at everything else.
In the end the money paid to get the project done is probably less per competent developer than an indie project if those indies had been paid for their labor.
