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Nalezeno "6% layoffs": 266

Polygon Labs Trims Staff by 19% ‘for the Sake of Enhanced Performance’

3.2.2024
As part of its strategy to recalibrate and enhance operational performance, Polygon Labs will be reducing its workforce by 60, marking a 19% cut. This decision, shared by CEO Marc Boiron, aims at maintaining a lean and efficient team. Polygon Labs to Lay off 60 Employees in Bid to Return to Core...

Jack Dorsey’s Block Inc. Initiates Layoffs to Reach 12,000 Employee Cap

31.1.2024
Block Inc., led by Jack Dorsey, has started implementing job cuts in a bid to reduce its workforce by the end of the year. According to a recent report by Business Insider, Block has commenced a gradual reduction of its workforce, aiming to decrease its current staff count of approximately 13,000...

New Deus Ex Game Reportedly Canceled By *That* Gaming Company

29.1.2024
Embattled gaming company Embracer Group has cancelled an in-development Deus Ex game that Eidos Montreal was working on, according to a new report from Bloomberg. The untitled and unannounced RPG was reportedly in pre-production for two years and was set to “enter production later this year,”...

Report: Microsoft Cancels Blizzard’s Survival Game Amid Layoffs

26.1.2024
Microsoft slashed nearly 2,000 jobs across its gaming division on January 25, impacting staff at Activision Blizzard, ZeniMax, and Xbox. And now, we’ve learned that an in-development survival game from Blizzard, codenamed “Odyssey,” has been canceled and most of the team working on the game were...

Not Even Call Of Duty Devs Are Safe From Layoffs

25.1.2024
On January 25, Microsoft announced an almost 9 percent reduction of its workforce in the company’s gaming division, totaling nearly 2,000 staffers who’ve lost their jobs across Activision Blizzard, ZeniMax, and Xbox. Some of these folks worked on Call of Duty, one of the industry’s biggest and most...

Kick could eventually buy Twitch after the latter reports layoffs

11.1.2024
Twitch has announced that it will lay off 500 employees. That is 35% of the current workforce. While the precise reason is unknown at the moment, the community speculates that the move could be because of the growing competition from other players in the market. Lately, brands like Facebook...

10 Days Into 2024 And 2300+ Video Game Layoffs Have Been Announced

10.1.2024
Within the last few years, video game industry layoffs have unfortunately become more commonplace. In 2023, we saw near-weekly layoffs across the entire industry. When the dust had settled, at least 6,000 jobs across publishers, developers, and other video game-related companies had happened....

Ahead of Bitcoin ETF Launch, BlackRock Announces Major Workforce Cuts

8.1.2024
BlackRock headquarters. Source: Adobe / John Hanson Pye BlackRock, the world’s largest asset management firm, is reportedly reducing its global workforce by about 3%, just days before the expected approval of the firm’s spot Bitcoin ETF application. The layoffs, which have not yet been...

Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger

1.12.2023
Source: Pixabay Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam. According to sources cited by The Block, the crypto news site underwent a series of layoffs throughout the year, leading to the eventual decision to suspend editorial...

This Is What It Looks Like When A Massive Video Game Publisher Messes Up

16.11.2023
This is Lars Wingefors, the CEO of Embracer, a Swedish holding company that owns multiple video game publishers, dozens of studios, and employs over 16,500 people. Or at least it used to. Embracer has been laying off hundreds, canceling projects, and closing studios as it reckons with deals that...

Workers Accuses Sega Of Threatening Mass Layoffs Over Unionizing

16.11.2023
Workers at Sega of America say the publisher behind Persona, Yakuza, and more beloved gaming franchises is trying to lay them off as retaliation for unionizing. A new unfair labor practice filed by the Communications Workers of America accuses Sega of forcing employees into a meeting where they...

Persona 5 Publisher Raises Salaries Amid Industry-Wide Layoffs

15.11.2023
Developer-publisher Atlus is reportedly raising the annual salaries of its Japanese staff by 15 percent, a move that is the total opposite of what’s been happening across the U.S. labor market (and the games industry specifically) for months now.Read more

Amazon Games Lays Off 180 Employees

13.11.2023
Another day, another round of video game industry layoffs. This time Amazon is laying off roughly 180 employees from its gaming division, as confirmed in an internal email from Christoph Hartmann, VP of Amazon Games.Read more

Assassin’s Creed Publisher Continues To Downsize, Lays Off More Staff

7.11.2023
In a year full of video game layoffs, Assassin’s Creed maker Ubisoft Montreal is the latest to get hit by ongoing cuts. Kotaku has learned that the publisher announced 75 new layoffs across its Canadian offices today as part of a “reorganization” of its general and administrative teams, Ubisoft...

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