layoffs
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Riot Games Cancels Minecraft-Inspired Game in Development and Lays Off Developers
In difficult times like these, it is not uncommon to hear about canceled projects. Even Riot Games has decided to pull the plug on one of the games in development at one of its teams. Hypixel Studios and the End of Hytale A Difficult Update About HytaleHey Everyone,Today, I shared…
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Microsoft Plans New Wave of Layoffs Following 6,000 Job Cuts in May
According to Bloomberg, Microsoft is preparing to carry out thousands of layoffs, focusing especially on its sales departments. This new round will add to the one already executed in May, when the company reduced approximately 3% of its global workforce—citing a necessary restructuring to better position the company for success.…
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Bend Studio PlayStation to Lay Off 30% of Its Staff After Cancelling a Game
The video game industry has its fair share of successes and failures, and many development teams are facing various challenges. One of the most significant struggles is the layoff of staff members, and the latest company to face this issue is Bend Studio, a team under PlayStation Studios. Bend Studio…
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Microsoft Announces 3% Layoffs in Global Workforce
Microsoft has announced that it will lay off 3% of its global workforce. This decision, affecting more than 7,000 employees, comes shortly after the company reported a $25.8 billion profit for fiscal year 2024. According to CNBC, Microsoft stated that the layoffs were necessary to position the company for success…
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Recent Layoffs Reported at PlayStation’s Software Department
There is no official confirmation yet, but several reports on social media suggest that recent layoffs have occurred at PlayStation, particularly within the software department. Layoffs Affecting System Software Team Post by @whoisryosuke@mastodon.gamedev.place View on Mastodon The layoffs seem to be related to the team responsible for system software, meaning…
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Life is Strange: Double Exposure Studio Announces Layoffs
Deck Nine Games has announced layoffs at the studio behind the Life is Strange series, including its most recent release, Life is Strange: Double Exposure. It seems that the sales performance of the game fell short of expectations, prompting this difficult decision. The studio shared the news on its official…
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AMD Confirms Layoffs of More Than 1,000 Employees
AMD has officially confirmed plans to lay off 4% of its global workforce, amounting to more than 1,000 employees, despite forecasts for AI-focused chip manufacturing and sales. Although 4% may seem like a small number, we are talking about the company employing around 26,000 people, which means that more than…
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Microsoft Cuts 650 Jobs in Gaming Unit
Microsoft has announced another wave of layoffs, cutting 650 jobs from its gaming division, according to a memo sent by Xbox CEO Phil Spencer on September 12. This comes just months after Microsoft laid off 1,900 employees earlier this year, bringing the total number of job losses in its gaming…
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Ubisoft Lays Off 45 Employees In U.S.
Ubisoft, the renowned video game publisher behind titles like Assassin’s Creed, has laid off 45 employees across its U.S. offices. The layoffs affect staff in Ubisoft’s San Francisco location and Red Storm Entertainment in Cary, North Carolina. This decision follows a wave of industry-wide job cuts and is part of…
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Intel to Lay Off 10,000 Employees Worldwide
Intel plans to lay off 10,000 employees worldwide to save approximately $10 billion by 2025. This decision comes as Intel faces increasing competition from AMD and NVIDIA and aims to streamline its operations. Reason Behind the Layoffs The layoffs are driven by several factors, including malfunctions and performance issues with…
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Galvanic Games Shuts Down Due to Low Sales
Galvanic Games, the developer behind Wizard With a Gun, is closing its doors. Despite a promising start, the game’s sales were not enough to sustain the studio. Founder Patrick Morgan announced the closure, stating that they had run out of time to secure funding for new projects. Financial Challenges A…
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Sumo Group to Cut Workforce by 15%
Sumo Group has announced plans to reduce its workforce by up to 15%, impacting nearly 250 employees. This decision comes as the company faces industry challenges and aims to reshape its operations to better navigate future obstacles. Restructuring for Future Challenges Sumo Group, known for its work-for-hire and co-development services…
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Avalanche Studios Announces Layoffs and Studio Closures
Avalanche Studios Group, known for its popular Just Cause series, is undergoing significant restructuring. The company will lay off 50 employees and close its US and Canadian studios. This move will reduce Avalanche’s total workforce by about nine percent. Studios Shutting Down The closures will affect Avalanche’s studios in New…
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Singularity 6 Lays Off 36 Employees
Singularity 6, the studio behind the cozy MMO Palia, has laid off 36 employees. This decision comes as the company navigates a challenging economic period. The layoffs represent about 40% of the studio’s workforce and follow a previous round of layoffs in April. Reasons Behind the Layoffs The studio told…
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Square Enix Announces Layoffs in US and Europe
In a significant move reflecting ongoing changes in the gaming industry, Square Enix is laying off employees in both the United States and Europe. The decision comes as part of a broader restructuring effort aimed at optimizing operational efficiency across its Western operations. Impact of Layoffs The layoffs are expected…
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