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Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
The "Destiny 2" and "Halo" creator said Wednesday that it would be laying off 220 employees, the result of too much expansion amid a slowdown in the video game industry.
The YouTube layoffs, first reported by Tubefilter, are part of Google’s initiative to reduce its employee count to “[invest] in big priorities” this year, per a memo CEO Sundar Pichai shared ...
September 26, 2024 [4] 42nd Golden Joystick Awards November 21, 2024 [5] The Game Awards 2024 December 12, 2024 [6] 28th Annual D.I.C.E. Awards February 13, 2025 [7] 25th Game Developers Choice Awards March 19, 2025 [8] 21st British Academy Games Awards April 8, 2025 [9] Game of the Year: The Legend of Zelda: Tears of the Kingdom: Black Myth ...
Bungie, Inc. is an American video game company based in Bellevue, Washington, and a subsidiary of Sony Interactive Entertainment.The company was established in May 1991 by Alex Seropian, who later brought in programmer Jason Jones after publishing Jones's game Minotaur: The Labyrinths of Crete.
The media and entertainment industry's reckoning will continue in 2024 with more layoffs underway. Media layoffs: Google, Paramount, Disney, and others commit to job cuts in 2024 [Video] Skip to ...
Also on October 1, 2019, Destiny 2 was re-released as a free-to-play title called Destiny 2: New Light. [37] The original story of Destiny 2 ' s base game revolved around the Cabal race and their leader, Dominus Ghaul, in his attempt to legitimize himself as the Emperor of the Cabal, a conflict called The Red War. Ghaul manages to strip the ...
June brought another wave of layoffs in tech, with cuts impacting roughly the same number of employees as May: 16,000 employees, according to tracker layoffs.fyi. Another layoff aggregator from ...