Search
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...
Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
30.1.2024
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures
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...
Microsoft Cuts Nearly 2,000 Video Game Workers' Jobs
25.1.2024
Another day, another layoff. This time, the staff cuts are happening at Microsoft, with IGN reporting that nearly 2,000 employees at the Xbox maker were let go.Read more
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....
Report: Unity Cutting About 1,800 People In Company's Largest Layoff
8.1.2024
A new report says Unity is cutting around 1,800 jobs, or about 25 percent of the company according to a regulatory filing and internal company memo obtained by Reuters on Monday. Read more
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
NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter
8.11.2023
Elon Musk slams NFTs on the Joe Rogan podcast only to unintentionally make the case for Bitcoin Ordinals
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...
Ava Labs Cuts Staff by 12% to Reallocate Resources for ‘Growth’ – Here’s the Latest
7.11.2023
Source: AdobeStock / freshidea Ava Labs, the team behind the Avalanche ( AVAX) blockchain, has confirmed a 12% reduction in its workforce citing the need to reallocate resources as the driving force behind the staff cuts. Emin Gün Sirer, founder and CEO of Ava Labs, announced the news in a recent...
NFT Marketplace OpenSea to Reduce Workforce as it is Planning “Big Changes”
6.11.2023
Leading non-fungible token (NFT) marketplace OpenSea, unveiled plans to lay off half its workforce, amid the company’s major restructuring plans. The platform’s CEO Devin Finzer wrote on X (Twitter) that the firm is making “big changes” to focus on a new version –...