2023 was an enormous yr for video video games, however sadly it was additionally a interval that noticed an unprecedented variety of layoffs, with an estimated 9,000 folks shedding their jobs.
Embracer Group alone let go of round 900 employees members throughout its large umbrella of studios, and a few firms have been shuttered altogether, together with Volition (Saints Row) and Free Radical (TimeSplitters). Epic Video games additionally suffered big losses with 830 folks laid off on the Fortnite creator, whereas different firms additionally affected by the year-wide layoffs embrace Activision Blizzard, BioWare, Bungie, CD Projekt RED, EA, Naughty Canine, and Sega. Sadly, it appears 2024 goes to be even worse than the earlier yr, with video games reporter Christopher Dring claiming that the mass wave of job losses will even lengthen into 2025.
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Although we’re solely in January 2024, there has already been quite a few layoffs confirmed. You possibly can see our protection under.