Search results
Results from the WOW.Com Content Network
The layoffs caused several video games to be canceled, video game studios to be shut down or divested from their parent company, and thousands of employees to lose their jobs. [ 7 ] Most of the job cuts occurred in North America and Europe , with video game industry in the United States being the most affected, followed by Canada , United ...
The gaming industry is facing mass layoffs. There’s also the growth of live service games — online games that are continually updated with content and often require in-game purchases to some ...
The video game crash of 1983 (known in Japan as the Atari shock) [ 1] was a large-scale recession in the video game industry that occurred from 1983 to 1985 in the United States. The crash was attributed to several factors, including market saturation in the number of video game consoles and available games, many of which were of poor quality.
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 ...
This round of layoffs come after a brutal 14 months in the video game industry. Thousands of jobs were cut in the video game sector in 2023, with industry estimates suggesting roughly 6,500 video ...
Month Day(s) Event January 3 Thirteen-year-old Willis Gibson became the first person known to "beat" the NES version of Tetris by reaching its killscreen. [7]8–11 Unity Technologies, Twitch, and Discord separately announced layoffs affecting 1,800, 500, and 170 jobs, respectively.
In 2023, the state of the video game market is, “big and getting bigger.” So why, from a player perspective, does it feel like the industry is… shrinking?
In the video game industry, crunch (or crunch culture) is compulsory overtime during the development of a game. Crunch is common in the industry and can lead to work weeks of 65–80 hours for extended periods of time, often uncompensated beyond the normal working hours. [ 1] It is often used as a way to cut the costs of game development, a ...