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Marvel Rivals Hit With Layoffs, MrBeast Says Life Is 'Easier When You're Broke,' And More Of The Week's Top News
22.2.2025
This week saw many of the people behind smash hit Marvel Rivals, including the game’s director, get laid off by developer NetEase in a move the company says was made “for organizational reasons and to optimize development efficiency for the game.” Meanwhile Humane, the company behind a $700 AI...
The Internet Reacts To Shocking Marvel Rivals Layoffs
19.2.2025
On February 18, NetEase laid off Marvel Rivals development team members, including game director Thaddeus Sasser, just two months after its incredibly successful launch. The hero shooter has been such a runaway success that the news blindsided people across the video game industry. According to...
Marvel Rivals Director And Others Laid Off Just Months After The Hero Shooter Took Over The Charts
18.2.2025
Marvel Rivals’ game director and others from the development team behind the hit hero shooter have been laid off. The dismissals have caught many by surprise as NetEase’s comic book blockbuster continues to dominate the charts on Steam and consoles months after its well-received launch.Read more
Studio Abandons A Bunch Of Games As It Goes All In On Smite 2
6.2.2025
Smite and Realm Royale developer and publisher HiRez is shifting most of its remaining staff and resources away from some of its current games in order to support 2024's Smite 2. This means the original Smite, Rogue Company, and class-based shooter Paladins will no longer receive large content...
BioWare Betting It All On Mass Effect 5 After Even More Layoffs
29.1.2025
What’s left of BioWare, the renowned RPG powerhouse behind beloved franchises like Dragon Age, Star Wars: Knights of the Old Republic, and the original Baldur’s Gate games? It’s a hard question to answer in 2025 after multiple rounds of layoffs and restructurings as the studio pivots between...
Troubled Transformers Game Finally Canceled Amid Cuts At Studio Behind Gears Tactics
8.1.2025
Transformers: Reactivate was first teased back at The Game Awards 2022, in a short 60-second trailer set to Bon Jovi’s “Wanted Dead or Alive.” Just a little over two years later, developers Splash Damage announced the online multiplayer game based on the hit sci-fi action figures is not wanted...
USDC Issuer Circle Cuts 'Less Than 6%' of Jobs Following Operations Review
5.12.2024
The job cuts amount to about 50 people, based on June employment numbers
Bitcoin miner Foundry lays off staff amid restructuring
3.12.2024
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out its self-mining business
Sky Mavis lays off 21% of workforce, plans new Axie Infinity game
25.11.2024
Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.
Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes
5.11.2024
Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens...
Crypto Biz: Crypto industry faces fresh round of layoffs
1.11.2024
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders
Crypto Biz: Crypto industry faces fresh round of layoffs
1.11.2024
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders
Crypto Biz: Crypto industry faces fresh round of layoffs
1.11.2024
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders
Kraken restructures with new co-CEO, layoffs reported
30.10.2024
Kraken hinted that its managerial structure would be reformed, without explaining the details
Dydx CEO Announces Layoffs of 35% of Core Team Amid Strategic Shift
30.10.2024
Dydx, the decentralized finance platform, has announced a significant restructuring, with CEO Antonio Juliano revealing the difficult decision to lay off 35% of its core team as part of a strategic shift to align with the company’s evolving goals. In a heartfelt blog post, Juliano...
dYdX lays off 35% of staff shortly after major Consensys cuts
30.10.2024
The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.
dYdX lays off 35% of staff shortly after major Consensys cuts
30.10.2024
The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm Consensys cut 162 employees.
Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’
29.10.2024
“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post
Microsoft Promises No games Cancelled Amid 650 More Xbox Jobs Cut
12.9.2024
Microsoft is laying off another 650 employees from its Xbox gaming division, the company announced in an overnight companywide memo. Microsoft Gaming CEO Phil Spencer stressed that no new games were being cancelled or studio closed as a result of the latest round of cuts. Read more
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
3.9.2024
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive...