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  2. 2023–2024 video game industry layoffs - Wikipedia

    en.wikipedia.org/wiki/2023–2024_video_game...

    Embracer Group made multiple layoffs, game cancellations, and studio closures between August 2023 and March 2024 after its $2 billion deal with Saudi Public Investment Fund fell apart. The company reportedly reduced its headcount by 7,761, closed or divested 44 internal and external studios, and decreased the number of game projects by 80.

  3. Video game industry layoffs are a collision of trends [Video]

    www.aol.com/finance/video-game-industry-layoffs...

    Mobile gaming revenue growth fell 15% in 2021, then dropped to -3.3% in 2022 and -3.1% in 2023. PC and Mac game sales climbed again in 2021 by 8.7%, but growth collapsed by 1.4% in 2022 before a ...

  4. Inside GDC 2024: How Annual Video Game Conference Has ... - AOL

    www.aol.com/inside-gdc-2024-annual-video...

    Among the findings in the 2024 report, which is based on responses from more than 3,000 game developers, 35% of those surveyed were been impacted by layoffs throughout 2023, either having some ...

  5. 2024 in video games - Wikipedia

    en.wikipedia.org/wiki/2024_in_video_games

    Embracer Group divested Saber Interactive and a portion of its studios to a private firm for $249 million. [27] [28] 18–22 The 2024 Game Developers Conference was held in San Francisco. [29] 28 Relic Entertainment was sold by Sega to an unspecified investor. 240 employees were laid off across multiple Sega Europe studios. [30] [31] April 9

  6. Talk:2023–2024 video game industry layoffs - Wikipedia

    en.wikipedia.org/wiki/Talk:2023–2024_video_game...

    It seems the 2024 layoffs may be a continuation of layoffs in 2023. It depends on how sources describe it, but it may be worth expanding the scope to extend from 2023-2024 if sources consider it one event. Game industry layoffs may be a part of broader tech sector layoffs. I read some articles that described it as such. Consider exploring that ...

  7. What companies experienced massive layoffs in 2024? Who's ...

    www.aol.com/companies-experienced-massive...

    Microsoft to layoff 1,900 workers. Microsoft announced plans to lay off 1,900 employees at Activision Blizzard and Xbox on Jan. 25.. The layoffs represent about an 8% cut of its video gaming staff ...

  8. Impact of the COVID-19 pandemic on the video game industry

    en.wikipedia.org/wiki/Impact_of_the_COVID-19...

    Towards the end of 2023 and continuing into 2024, the video game industry saw a large number of layoffs, with over 10,000 jobs lost in 2023 and at least 8,000 in 2024 by February 2024. While other factors contributed to the layoffs, such as previous acquisitions and mergers that came after 2021, the return to normalcy after COVID changed the ...

  9. Grand Theft Auto Parent Shuts Two Iconic Game Studios ... - AOL

    www.aol.com/grand-theft-auto-parent-shuts...

    Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of the Grand Theft Auto franchise, plans to close two subsidiaries, Roll7 and Intercept Games, as part of mass layoffs. Roll7, based in ...