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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]
Following 2024’s massive wave of layoffs across the video game industry, one in 10 developers say they were among those cut from AAA studios and indie outlets alike. According to the the Game ...
That means that after its cuts to staff last year, Wednesday’s layoffs could affect more than 600 workers. EA’s stock closed up nearly 0.5% on Wednesday. The company’s shares have risen ...
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 ...
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 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.
Coupled with allegations of misconduct and discrimination at game developers Riot Games and Ubisoft around the same time, the DFEH lawsuit is seen by analysts, academics, and media outlets such as The New York Times, The Guardian and CNN as forcing the video game industry to come to terms with the #MeToo movement and consider the possibility of ...
(Reuters) -Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal company memo on ...