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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. [17]
Companies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs. Artificial intelligence is reshaping some workforces. See the list of companies letting workers go in 2025.
To monetize the game, Epic Games had built an in-game storefront to offer cosmetics in the form of character skins, emotes, and other customization items for the player to use with their game avatar for Fortnite Battle Royale, using "V-Bucks" as the form of in-game currency to make these purchases.
The tech industry recorded about 34,000 layoffs in January, the most in a single month since January 2023, when almost 90,000 people were let go, according to the job-loss tracker layoffs.fyi ...
Compare that to the roughly 7,800 tech industry layoffs seen through the first 18 days of 2024, according to data from the tech layoff tracker Layoffs.fyi, and tech companies’ problems begin to ...
Tech companies have announced more than 101,000 job cuts this year alone, on top of the nearly 160,000 over the course of 2022, according to tracker Layoffs.fyi. Among the wide range of job ...
According to data from Layoffs.fyi, at least 22,800 tech employees across 155 different companies have been laid off since the start of 2022. People watch as the logo for Coinbase Global Inc, the ...
Layoffs.fyi, a website that dutifully tracks job cutting, shows that 263,000 tech employees were cut in 2023 alone. Only 11 days into 2024, there have been 24 tech companies that have laid off a ...