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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.
Roblox, the $19 billion gaming giant, has joined the growing list of tech companies to ditch remote working—and employees who don’t want to work at the company’s physical office in ...
"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.
Roblox (/ ˈ r oʊ b l ɒ k s / ⓘ, ROH-bloks) is an online game platform and game creation system developed by Roblox Corporation that allows users to program and play games created by themselves or other users.
UTC Aerospace Systems (UTAS) was one of the world’s largest suppliers of aerospace and defense products, headquartered in Charlotte, North Carolina, United States. The company was formed in August 2012 when parent United Technologies Corporation merged their existing subsidiary Hamilton Sundstrand with the newly-acquired Goodrich Corporation .
Planet Labs, which went public in 2021, shed 10% of its roughly 1,000 employees earlier this month, citing the tough economy and the company's overly fast expansion.
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
Rank Publisher Country Employees Ref 1. Microsoft Gaming: United States 20,100 [1]2. Ubisoft: France 19,011 [2]3. Electronic Arts: United States 13,700