Search results
Results from the WOW.Com Content Network
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.
Embracer Group made multiple layoffs, game cancellations, and studio closures between August 2023 and March 2024 after its $2 billion deal with Saudi Public Investment Fund fell apart. The company reportedly reduced its headcount by 7,761, closed or divested 44 internal and external studios, and decreased the number of game projects by 80.
NetEase Games: iOS, Android: Yes: No: Officially shut down on June 18, 2024. [26] 2020: Bleeding Edge: Ninja Theory: Windows, Xbox One: No: Yes: Team brawler video game. Ninja Theory announced that there would no longer be any content updates, but the game is still playable on Xbox and PC. [27] 2020: Eternal Return: Nimble Neuron: Windows: Yes ...
"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.
Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of the Grand Theft Auto franchise, plans to close two subsidiaries, Roll7 and Intercept Games, as part of mass layoffs. Roll7, based in ...
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.
31st Union is a video game development studio of 2K based in San Mateo, California, with a studio in Valencia, Spain. It was founded in February 2019, then provisionally named 2K Silicon Valley , with Sledgehammer Games co-founder Michael Condrey as its lead.
For premium support please call: 800-290-4726 more ways to reach us