Search results
Results from the WOW.Com Content Network
On April 16, 2024, Take-Two Interactive announced plans to lay off 5% of its workforce and cancel several video game projects. The company cited a cost-reduction plan, anticipating total charges of $160 million to $200 million. These measures are expected to be largely implemented by December 31, 2024. [ 129]
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 ...
"This is a watershed moment for workers in the video game industry,” Jasmin Hernandez, short-form animation production manager and AEGIS-CWA member said in a press release. She added that Sega ...
As the gaming industry reels from a tidal wave of layoffs, companies’ rush into automation has developers watching their backs – and could soon trigger a major strike. Io Dodds reports
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 ...
In the video game industry, 2024 saw many events including job losses extending from 2023, including large cuts from Microsoft Gaming, Electronic Arts, and Sony Interactive Entertainment, with over 10,000 jobs cut by May. [1] [2] [3] [4]
v. t. e. This is a listing of largest video game publishers and developers by number of employees. Microsoft Gaming is the largest video game employer in the industry, followed by Ubisoft and Electronic Arts . Among the top 41 largest video game employers, ten are based in the United States, eight in Japan, five in China, three in France, South ...
For decades, workers in the video game industry have endured conditions like the ones that preceded Rongstad's layoff. Known as "crunch," the brutal stretch leading up to a game's release is an ...