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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."
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.
NEW PHILADELPHIA ‒ Mayor Joel Day said he and Finance Committee Chairman Steve Rippeth have come up with a plan to address New Philadelphia's projected $380,000 shortfall in the 2024 general ...
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 ...
An opening is seen in the fuselage of an Alaska Airlines Boeing 737-9 MAX on January 7, 2024 in Portland, Oregon. ... / Credit: CBS News. Former President Jimmy Carter marked a major milestone, ...
Jen Glennon resigned her position as editor in March 2024, citing an opposition to G/O Media's desire for the site to deprioritize news and instead focus on producing game guides. [31] In July 2024, it was reported that Kotaku Australia would shut down as part of a cost-cutting effort from third-party publisher Pedestrian Group. [32]
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 &...