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The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
In March 2022, CEO David Solomon told Fortune that the company was asking employees to return to the office five days a week. Seven months later, he told CNBC that about 65% of staffers were ...
And after rocketing in 2020, console game spending stalled out in 2021, with growth sitting at 0.7%, before declining 3.4% in 2022 and returning to growth at 5.9% in 2023.
Sweet Baby Inc. is a Canadian narrative development and consultation studio based in Montreal.Founded by former Ubisoft developers, including scriptwriter Kim Belair and product manager David Bédard, the company consults on video game narratives during development to promote diversity, equity, and inclusion within game narratives and studios.
In the video game industry, 2022 saw the lingering effects of the COVID-19 pandemic on the industry, slowing hardware sales for most of the year as well as development delays for major titles. The industry continued its trend of acquisitions and mergers, highlighted by Microsoft announcing its plan to acquire Activision Blizzard for nearly $69 ...
Big Tech companies have announced tens of thousands of layoffs in recent weeks amid stock losses, jumbo interest rate hikes implemented by the Federal Reserve and consumers’ pivot away from ...
[35] Los Angeles County Superior Court judge Timothy P. Dillon agreed to the amended complaint in February 2022, and set an expected trial start date in February 2023. [36] The CDFE, now the California Civil Rights Department (CRD), and Activision Blizzard announced they had settled the lawsuit on December 15, 2023, pending court approval.
Tom Clancy's Ghost Recon Frontline is a cancelled live-service first-person massively multiplayer online PvP class-based tactical shooter battle royale game by Ubisoft announced on October 6, 2021. It was under development for Microsoft Windows , PlayStation 4 , PlayStation 5 , Xbox One and Xbox Series X/S , plus Amazon Luna and Google Stadia .