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Video game industry layoffs are a collision of trends. Daniel Howley. ... then dropped to -3.3% in 2022 and -3.1% in 2023. PC and Mac game sales climbed again in 2021 by 8.7%, but growth collapsed ...
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. [ 128]
Rampant layoffs have cast a shadow over the industry, and even if 2024 turns out to be a banner year for video game debuts, it still feels shitty. In the first month of 2024, an estimated 6,000 ...
Electronic Arts was one of the first video game companies to institute significant layoffs this year, with a reduction of 6 percent of its workforce, or about 800 employees, in March.
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 ...
This time, around 1,800 employees will lose their job in the coming weeks as the company is trying to improve its financial performance after a difficult year. Unity is the maker of a video game ...
11:24 AM PDT • September 19, 2022. Comment. Image Credits: filo / Getty Images. Metafy, a marketplace for video game coaching, laid off 23% of its staff last week, primarily impacting product ...
An estimated 9,000 people lost their jobs in the video game industry this year, up from about 1,000 in 2022. This is a crisis level of loss, and it was spurred by over-eager acquisition sprees by ...