Tag: Business Changes

  • Unity CEO Confirms More Layoffs Amid Change-Related Exhaustion

    Unity CEO Confirms More Layoffs Amid Change-Related Exhaustion

    Unity, a prominent player in the world of game engines, is unfortunately making headlines for its latest round of layoffs, a move that spans its various divisions, from software development to advertising. The exact number of employees affected by this surprise reduction in workforce remains unclear. Unity’s chief executive, Matthew Bromberg, has reportedly addressed employees…

  • Reportedly, Humble Games is Facing Layoffs and Restructuring

    Reportedly, Humble Games is Facing Layoffs and Restructuring

    Humble Games, the publishing division of Humble Bundle owned by Ziff Davis via IGN Entertainment, is reported to be implementing layoffs amid a company restructuring. Humble Games’ business developer, Nicola Kwan, took to LinkedIn to confirm 36 employees were let go, indicating possible shutdowns within the company. Nonetheless, in a statement to GamesIndustry.biz, the company…

  • Since the start of their “restructuring”, Embracer has dismissed 8% of their worldwide employees.

    Since the start of their “restructuring”, Embracer has dismissed 8% of their worldwide employees.

    Embracer has outlined extensive debt restructuring efforts in their interim financial results for Q3 (October-December 2023), having laid off 8% of their global workforce since June 2023 and reducing the number of game projects in development from 224 to 179. CEO Lars Wingefors portrayed the period as “a stable quarter” with Embracer being “on track”…