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Beloved Battle Royale Fall Guys Among Those Hit By Epic Games Layoffs
28.9.2023
Epic Games acquired Mediatonic in 2021 after its colorful battle royale, Fall Guys, became a multiplayer sensation early in the covid-19 pandemic. Now, it’s laying off tons of developers at the UK-based studio as part massive cost cutting at the Fortnite maker. Read more
Sega Cancels Hyenas And Other Unannounced Games, Creative Assembly Facing Layoffs
28.9.2023
Sega has canceled the yet-to-be-released Hyenas, an extraction shooter set in space that was in development at Total War and Alien Isolation studio Creative Assembly. The publisher also canceled several other, unannounced games as part of “structural reforms” across its European operations. Read...
Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce
28.9.2023
Epic Games Inc., the company behind global megahit Fortnite, the Epic Games Store, and the wildly popular Unreal Engine, is laying off 16 percent of its current workforce. This report, first coming from Bloomberg’s Jason Schreier, sees almost 900 employees losing their jobs.Read more
Prime Trust Crypto Custodian Signals Potential Layoffs for 62 Employees – Is the Bear Market to Blame?
20.9.2023
Now-bankrupt crypto custodian Prime Trust has notified employees of potential layoffs affecting 62 individuals within the next two months, according to Nevada's Department of Employment, Training & Rehabilitation.
This news comes shortly after the company made significant workforce reductions...
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
19.9.2023
The company filed for bankruptcy in August
Binance US CEO Is ‘Taking Deserved Break,’ CZ Seeks to Downplay Executive Exodus
17.9.2023
Binance founder Changpeng Zhao has commented on the latest executive departures from his company’s American branch. The changes in the U.S. crypto trading firm’s management, including the release of its chief executive, followed similar developments at the global exchange. CZ Urges Followers...
Another 2 Binance US Executives Leave Crypto Exchange, Report
16.9.2023
Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...
Two more top executives depart Binance.US amid layoffs, SEC action: Report
14.9.2023
The Binance.US head of legal and chief risk officer have reportedly left the exchange while it faces an SEC suit
Binance.US cuts third of staff as CEO Brian Shroder leaves: Report
13.9.2023
The staff cut and departure comes amid legal action from United States regulators
Another Executive Exits Binance Amid Regulatory Scrutiny
6.9.2023
Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the leading trading platform for digital assets under...
Crypto Infrastructure Provider Qredo Slashes Staff, Cuts Annual Expenses by 35% – Bear Market Continues?
5.9.2023
Crypto infrastructure provider Qredo has announced plans to reduce staff and expenses as it navigates the challenges posed by the ongoing bear market.
Qredo has let go of approximately 50 employees, including several senior executives, according to three sources familiar with the matter.
Among...
Indian Crypto Layoffs Continue as CoinSwitch Fires 44 Employees Citing Redundancy in Roles
29.8.2023
CoinSwitch, an Indian crypto unicorn, has become the latest in the crypto layoff spree in India, announcing job cuts in its customer support and operations teams.
In a recent update from the company, a spokesperson told MoneyControl that CoinSwitch has laid off 44 employees as a part of company...
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
29.8.2023
The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago
The Next Big Wave Of Video Game Layoffs Is Here [Update]
24.8.2023
Despite a booming job market overall, 2023 kicked off with the biggest tech companies laying off thousands of employees. Cuts at Microsoft hit Halo Infinite devs at 343 Industries and other game teams across the company, including at Bethesda. Months later, layoffs are continuing across other...
Dragon Age And Mass Effect Fans Are Worried About Worried About BioWare's Future
24.8.2023
BioWare announced on August 23 that it wouldn’t be showing off any updates for Dragon Age: Dreadwolf and the upcoming Mass Effect game at EA Play Live, much to the disappointment of fans waiting for a glimpse at the latest entries in the beloved RPG franchises. Alongside that came the announcement...
Dragon Age And Mass Effect Studio Lays Off 50 Devs, Claims Games Are Unaffected
23.8.2023
Storied RPG developer BioWare is downsizing. The studio announced on August 23 that it will cut 50 roles as it continues production on both Dragon Age: Dreadwolf and Mass Effect 4, telling fans it needed to take a more “agile and focused” approach to game development. Read more
Dragon Age And Mass Effect Studio Lays Off 50 Devs, Claims Games Are Unaffected
23.8.2023
Storied RPG developer BioWare is downsizing. The studio announced on August 23 that it will cut 50 roles as it continues production on both Dragon Age: Dreadwolf and Mass Effect 4, telling fans it needed to take a more “agile and focused” approach to game development. Read more
Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say
11.8.2023
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds
NFT Now Cuts Jobs in Restructuring Move
31.7.2023
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend