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Including major job cuts from Embracer Group, Unity Technologies, Microsoft Gaming, Electronic Arts, Sony Interactive Entertainment, Epic Games, Take-Two Interactive, Ubisoft, Sega, and Riot Games. 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 ...
Last week, Epic said it’s cutting 16% of its total staff, 830 employees in total.
Epic Games is known for games such as ZZT developed by founder Tim Sweeney, various shareware titles including Jazz Jackrabbit and Epic Pinball, the Unreal video game series, which is used as a showcase for its Unreal Engine, the Gears of War series which is now owned by The Coalition and Xbox Game Studios, Infinity Blade, Shadow Complex ...
Atari SA acquired the Intellivision brand and games catalog. [42] June 7 The 2024 Summer Game Fest was held at the YouTube Theater in Los Angeles. [43] [44] 11 Sumo Group laid off nearly 250 staff. [45] 12 Take-Two Interactive closed its acquisition of Gearbox Entertainment from Embracer Group for $460 million. [46] [47] 14 Microsoft closed ...
One by one, diversity, equity and inclusion programs at some of the country’s biggest companies fell apart in 2024, with signs that efforts to reverse DEI initiatives will only ramp up in 2025.
Epic Games has used the names Potomac Computer Systems, Epic MegaGames, and Epic Games; the name given for the company is the one used at the time of a game's release. Many of the games under the Epic MegaGames brand were released as a set of separate episodes, which were purchasable and playable separately or as a group.