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Some of the newly founded AAA game development studios, such as Ridgeline Games and Deviation Games, closed down before even releasing their first video game. Ridgeline Games, founded in 2021, shut down just three years later in 2024. It was previously led by game director Marcus Lehto, who made a decision to leave Ridgeline Games.
According to IDC, mobile game revenue shot up 32.8% to $99.9 billion in 2020, while digital PC and Mac game spending jumped 7.4% to 35.6 billion. Home console game spending, meanwhile, soared 33.9 ...
It seems the 2024 layoffs may be a continuation of layoffs in 2023. It depends on how sources describe it, but it may be worth expanding the scope to extend from 2023-2024 if sources consider it one event. Game industry layoffs may be a part of broader tech sector layoffs. I read some articles that described it as such. Consider exploring that ...
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.
After at least a decade of expansion, tech companies have been rattled by inflation along with a slowdown in spending from both consumers and advertisers.
(Reuters) -Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal company memo on ...
There have been two distinct waves of tech layoffs amid COVID-19, Layoffs.fyi Creator Roger Lee told Yahoo Finance in an interview. The current wave of layoffs is being driven by the macroeconomic ...
Zynga Dallas (formerly Bonfire Studios) was a video game development company based in Dallas, Texas.After Ensemble Studios was shut down by Microsoft in 2009, Bonfire Studios was one of four companies founded by former Ensemble employees.