2023 was an enormous 12 months for video video games, however sadly it was additionally a interval that noticed an unprecedented variety of layoffs, with an estimated 9,000 individuals dropping their jobs.
Embracer Group alone let go of round 900 employees members throughout its huge umbrella of studios, and a few corporations have been shuttered altogether, together with Volition (Saints Row) and Free Radical (TimeSplitters). Epic Video games additionally suffered big losses with 830 individuals laid off on the Fortnite creator, whereas different corporations additionally affected by the year-wide layoffs embody Activision Blizzard, BioWare, Bungie, CD Projekt RED, EA, Naughty Canine, and Sega. Sadly, it appears to be like 2024 goes to be even worse than the earlier 12 months, with games reporter Christopher Dring claiming that the mass wave of job losses will even prolong into 2025.
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Though we’re solely in January 2024, there has already been quite a lot of layoffs confirmed. You may see our protection beneath.