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The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [18] many such layoffs have been attributed to artificial intelligence, [19] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes.
Following 2024’s massive wave of layoffs across the video game industry, one in 10 developers say they were among those cut from AAA studios and indie outlets alike. According to the the Game ...
Video game stocks are set to surge in 2025 amid a slew of major releases, says Ned Davis Research. Grand Theft Auto VI and the Nintendo Switch 2 are expected to drive sales growth for the industry.
The layoffs hitting the gaming industry are largely the result of a handful of trends coalescing. The chief overarching issue comes down to publishers and developers overspending throughout 2021 ...
The video game industry is the tertiary and quaternary sectors of the entertainment industry that specialize in the development, marketing, distribution, monetization, and consumer feedback of video games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide. [1] The video game industry has grown from niche to ...
In 2023, the state of the video game market is, “big and getting bigger.” So why, from a player perspective, does it feel like the industry is… shrinking? Consolidation, game delays and ...
Beginning in 2022, the Chinese and Russian games industries were adversely affected by a licensing freeze and the Russian invasion of Ukraine respectively. [11] [12] After this, most of the job cuts occurred in North America and Europe, with the video game industry in the United States being the most affected, followed by Canada, United Kingdom and Poland.
The 2025 London Games Festival, which comprises New Game Plus, the BAFTA Games Awards, Games Finance Market, Screen Play, Now Play This, The Trafalgar Square Games Festival, Side Events and The London Video Game Orchestra will be held in London, England. [4] May 9–11 Evo Japan 2025 is scheduled to be held at Tokyo Big Sight in Tokyo. [5] 22