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In the video game industry, 2024 saw job losses that continued from 2023, including large cuts from Microsoft Gaming, Electronic Arts, and Sony Interactive Entertainment, with nearly 15,000 jobs cut through the entire year.
Beginning in 2022, the Chinese and Russian games industries were adversely affected by a licensing freeze and the Russian invasion of Ukraine respectively. [11] [12] After this, most of the job cuts occurred in North America and Europe, with the video game industry in the United States being the most affected, followed by Canada, United Kingdom and Poland.
2024 video game awards (3 P) C. Video game companies disestablished in 2024 (12 P) E. ... 2023–2024 video game industry layoffs This page was last ...
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 Gaming is the largest video game employer in the industry, followed by Ubisoft and Electronic Arts. Among the top 41 largest video game employers, ten are based in the United States , eight in Japan , five in China , three in France , South Korea , and Sweden respectively, two in Poland and the United Kingdom , and one each in Denmark ...
The gaming industry is constantly evolving, and in 2020, it saw one of its greatest growth spurts ever. Forced to shelter in place due to the COVID-19 pandemic, people turned in droves to games of ...
On July 26, 2024, SAG-AFTRA (Screen Actors Guild – American Federation of Television and Radio Artists) initiated a labor strike involving the union’s voice actors and motion capture artists against American video game companies signed to the union’s Interactive Media Agreements over failed renegotiation terms of the contract that had expired in November 2022.
The video game industry is the tertiary and quaternary sectors of the entertainment industry that specialize in the development, marketing, distribution, monetization, and consumer feedback of video games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide. [1] The video game industry has grown from niche to ...