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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."
Kotaku is a video game website and blog that was originally launched in 2004 as part of the Gawker Media network. [1] Notable former contributors to the site include Luke Smith , [ 2 ] Cecilia D'Anastasio , Tim Rogers , and Jason Schreier .
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 ...
G/O Media Inc. is an American media holding company [1] that owns and operates the digital media outlets Kotaku, The Root, The Inventory, and Quartz. [2] [3]It was formed in 2019 after the private equity firm Great Hill Partners purchased two digital portfolios from Univision: Gizmodo Media Group (Gizmodo, Jezebel, Deadspin, Lifehacker, Splinter, The Root, Kotaku, and Jalopnik) and the Onion ...
Finance and human resources software company Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%.. Workday CEO Carl Eschenbach said in a note to employees ...
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 &...
Jason Schreier (born May 10, 1987) is an American journalist and author who primarily covers the video game industry.He worked as a news reporter for Kotaku from 2011 to 2020 and was recognized for several investigative stories, particularly on the crunch culture within the industry.
The layoffs are separate from a disciplinary action Meta carried out last week that saw about 20 people in its Los Angeles office let go for improper use of GrubHub credits.