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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]
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.
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 ...
[20] [21] From November 2022 to April 2023, the company lost close to half their sponsors, including a ten-year partnership with Monster Energy, [22] and had two rounds of layoffs. [ 23 ] In an interview with Digiday after stepping down, LaPointe Jameson admitted: "nothing has been done perfectly, but I’m proud of where we’ve come, versus ...
Chart 2: The number of companies in tech announcing layoffs has surged. More than 70,000 positions were eliminated across 400 plus companies globally in the last two quarters, notes Battery ...
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Formed by former members of Naughty Dog and Blizzard Entertainment. Acquired by Facebook in 2020. [38] Closed in 2024. Red Entertainment: Tokyo: Japan 1976 (as the Red Company), 2000 (as Red Entertainment) Sakura Wars series Gungrave series Developer/publisher; acquired by Oizumi Corporation in 2014 Reality Pump Studios: Kraków: Poland 1995
On the eve of a rumored layoff bloodbath […] The Dish: Amid Layoffs, How David Zaslav Might Deal With J.J. Abrams’ Bad Robot, DC’s Walter Hamada & New Warner Bros. Pictures Chiefs Mike De ...