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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.
Three spin-off games accompany the main series: Geometry Dash Meltdown, Geometry Dash World and Geometry Dash SubZero. Geometry Dash Lite is a free version of the main game that includes fewer levels, displays advertisements, and lacks the level editor and most online features, along with various unlockable characters.
"The Video Game Industry Is More Successful Than Ever. Why Are the Workers Treated Like Garbage?". Slate.July 30, 2024. The cycles of M&A and subsequent cuts and closures have escalated so profoundly over the past few years ... that Wikipedia has a stand-alone article covering the nearly 21,000 jobs that the gaming sector shed from just the beginning of 2023 up through now.
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 ...
When this year’s Game Developers Conference (GDC) kicks off Monday at the Moscone Center in San Fransisco, one topic is sure to be hanging over those in attendance at the five-day event: who has ...
The layoffs come shortly after interim CEO Jim Whitehurst announced a (Reuters) -Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs ...
Possibility Space was a video game development studio founded in 2021 by Jeff Strain [1] and a team of game and media industry veterans. [2] Its primary offices were in New Orleans [3] and had employees from several different regions. The studio was closed in 2024 without having released a single game. [4]
That is, if you listen to doomsayers analysts like Exent's head of content programming Rick Marazzani. IndustryGamers reports that Marazzani predicts that 2012 will see the social games space thin ...