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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]
Following 2024’s massive wave of layoffs across the video game industry, one in 10 developers say they were among those cut from AAA studios and indie outlets alike. According to the the Game ...
More than 900 business leaders across the country expect significant layoffs at their companies in 2024, according to a survey. Thirty-eight percent of the 906 respondents said they think layoffs ...
It’s one of those wild twists at a time when many layoffs are buried in a big number. The TikTok, by the way, got 1.6M views. ... Nearly 40% of companies reported layoffs in 2024, the ...
The gaming industry is facing mass layoffs. ... “The projections that were made about future revenues in 2022 for 2023 and 2024 simply didn't materialize,” Ward said. “It returned much more ...
The layoffs of about 275 workers by the end of this year by Olam Foods & Ingredients at its ... WARN notices for almost 770 workers carried layoff effective dates in the first half of 2024; about ...
Last year was catastrophic for employees in some industries. Companies planned 721,677 job cuts, a 98% leap from 2022, according to a report from professional outplacement firm Challenger, Gray &...
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 ...