At the least someplace between 20-30 employees have been laid off at G4TV at this time, in response to two sources acquainted with enterprise. The online game speak present community from the 2000s was resurrected final fall on streaming platforms like Twitch in addition to cable TV, however now faces main upheaval lower than a 12 months later. “I actually cannot think about the corporate persevering with to supply our slate of content material with out the individuals we misplaced at this time,” stated one worker.
The timing and severity of the cuts have taken some employees unexpectedly, however three sources inform Kotaku that G4’s funds have been in unhealthy form for a while and managers have been tasked with on the lookout for price financial savings wherever attainable. Issues apparently got here to a head throughout an all-hands assembly a pair months in the past when then-G4 president Russell Arons mentioned the troubles the enterprise was going through.
Arons’ left shortly after and was changed by new CEO Joe Marsh who sources say was set on discovering methods to chop the finances. The suddenness and severity of todays layoffs have been surprising, nonetheless, and name into query what the way forward for the brand new G4 might be. The community only in the near past introduced a slate of latest content material, together with a satirical Xplay present referred to as “God of Work,” a play on Sony’s hit God of Warfare sequence.
