Tag: layoffs
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Spencer Affirms No Games Cancelled as Xbox Cuts 650 More Staff Positions
Microsoft is continuing a series of layoffs, with a further 650 people from its gaming division losing their jobs. This follows the previous retrenchment of 1,900 Activision Blizzard and Xbox employees and closure of several game studios, including Arkane Austin and Tango Gameworks. The company’s gaming head, Phil Spencer, maintains that no games have been…
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Bungie is terminating 220 jobs while deepening its integration with Sony
Bungie, the Destiny 2 developer, has revealed plans to lay off 220 staff members from July 31, 2024, citing the rising cost of development, industry shifts, and economic conditions as primary reasons. Although this decision was difficult to make, the company asserts it was necessary in order to focus on developing Destiny and Marathon. In…
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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…
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CEO Andrew Wilson Informs EA Employees 5% of Them Will Be Made Redundant Through Vague and Provoking Email
In the recent news, EA CEO, Andrew Wilson, announced a second round of layoffs for EA staff in less than a year, affecting another 5% of the team. Wilson broke the news after extolling the company’s growth, leading position in the industry, and the shift focus towards “our owned IP, sports, and massive online communities”.…
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Deck Nine Games, a Narrative Studio, Reduces its Staff by 20%
Deck Nine Games, the studio behind the popular Life Is Strange series, recently announced layoffs cutting 20% of its staff, citing “worsening market conditions.” This follows similar layoffs the company had in 2023 and more recent ones in other game technology giants like PlayStation and developer Supermassive. The layoffs have impacted the team members who…
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Sony Confirms Reduction of Approximately 900 Positions, Shuts Down London Studio
Sony Interactive Entertainment (SIE) has recently announced layoffs of more than 900 employees, which is approximately 8% of its workforce. The company also announced the closure of PlayStation Studios London. Statements from President and CEO Jim Ryan and Head of PlayStation Studios Herman Hulst reveal that both US and European groups would be affected, including…
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Approximately 90 Employees to be Laid Off by Supermassive Games
The developer of The Dark Pictures Anthology and Little Nightmares III, Supermassive Games, is set to downsize its workforce by approximately 30%, which equates to around 90 staff members. This decision, according to a report by Bloomberg’s Jason Schreier, comes in response to the “significant challenges” currently faced by the games industry. The company communicated…
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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”…
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Discord to Cut Jobs of 17 Percent of Its Workforce
Today, I am sharing a difficult announcement. In our pursuit to better serve our users, business, and mission, we have taken the unfortunate step to reduce our workforce by 17%, letting go of 170 talented colleagues. Over the last few years, our company has grown significantly and while we’ve made remarkable strides in serving our…
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Unity to Cut 25% of its Staff
Unity, the multiplatform game engine company, has announced that it will be reducing its workforce by about 25%, which accounts for approximately 1,800 of its employees. The layoffs, which affect all segments of the company, are to be completed by March 2024 and is part of the company’s restructuring to refocus on its core business.…