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The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes.
Hi-Rez Studios is an American video game developer and publisher.The company was established in 2005 by Erez Goren and Todd Harris. Hi-Rez Studios' games include the squad-based shooter Global Agenda, the critically acclaimed Tribes: Ascend, the third-person MOBA Smite, the hero shooter Paladins, and the third-person shooter Rogue Company. [1]
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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 holiday season and company layoffs go hand in hand. As the holidays draw closer, companies are facing lower consumer confidence and are thus evaluating plans for the 2023 fiscal year. See: 95%...
Paramount Global . Paramount Global laid off about 800 employees, or roughly 3% of its workforce, sources familiar with the matter told Yahoo Finance.The cuts, which took place on Feb. 13, come as ...
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The White House has not said how many of the nation's 2.3 million civil-service workers it wants to fire and has given no numbers on the mass layoffs. Roughly 75,000 took a buyout offer last week.