Search results
Results From The WOW.Com Content Network
History of video games. Beginning in 2023 and continuing into 2024, the video game industry has experienced mass layoffs. Over 10,000 jobs were lost in 2023, and an additional 13,000 jobs were lost in 2024 from January to September. [1][2][3][4][5] These layoffs had reverberating effects on both established game development studios and emerging ...
Video game industry layoffs are a collision of trends. Daniel Howley. ... then dropped to -3.3% in 2022 and -3.1% in 2023. PC and Mac game sales climbed again in 2021 by 8.7%, but growth collapsed ...
Towards the end of 2023 and continuing into 2024, the video game industry saw a large number of layoffs, with over 10,000 jobs lost in 2023 and at least 8,000 in 2024 by February 2024. While other factors contributed to the layoffs, such as previous acquisitions and mergers that came after 2021, the return to normalcy after COVID changed the ...
Microsoft is laying off 650 employees in its Xbox games division, following previous layoffs and studio closures, Bloomberg reported. Microsoft is laying off 650 employees in its Xbox games ...
Additionally, mass layoffs in the video game industry from 2023 onwards have led to concerns about the future sustainability of game development, as this led to the cancellation of several game projects and shutdown of several studios. AI has been explored as one solution to mitigate the rising development costs of games, including costs ...
EA said in its most recent annual report, filed in May of last year, that it had 13,400 employees as of March 31, 2023. That means that after its cuts to staff last year, Wednesday’s layoffs ...
In the video game industry, 2024 saw many events including job losses extending from 2023, including large cuts from Microsoft Gaming, Electronic Arts, and Sony Interactive Entertainment, with over 10,000 jobs cut by May. [1] [2] [3] [4]
Among the findings in the 2024 report, which is based on responses from more than 3,000 game developers, 35% of those surveyed were been impacted by layoffs throughout 2023, either having some ...