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The video game industry as a whole has been struggling with a slump in player spending since 2022 after a couple of years of growth fueled by increased gaming hours during pandemic lockdowns. EA ...
The gaming industry needs more than just coders. Josh Vesely is the senior vice president of Randstad ’s Enterprise Solutions Group. While the COVID-19 pandemic has had a devastating impact on ...
Microsoft is the latest company to announce a major round of layoffs in its gaming division as it's cutting around 1,900 workers from its Xbox, Activision Blizzard and ZeniMax (aka Bethesda) teams ...
Last month CEO Strauss Zelnick said, "The hardest thing to do is to lay off colleagues and we have no current plans." Take-Two Interactive plans to lay off 5 percent of its workforce, or about 600 ...
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 ...
The video game industry is the tertiary and quaternary sectors of the entertainment industry that specialize in the development, marketing, distribution, monetization and consumer feedback of video games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide. [1] The video game industry has grown from niche to ...
The new trend in video game industry, metaverse, has led many investors and companies to believe that it is the future of the gaming industry. [ 56 ] [ 57 ] [ 58 ] Companies like Meta and Microsoft have made significant investments in this space. [ 59 ]
The video game industry received an influx of attention and cash during the pandemic in 2020 and 2021, and today’s layoffs are a response to a period of unchecked growth and corporate consolidation.