Business
Gothic studio Piranha Bytes confirms it's in a "difficult situation"
Piranha Bytes is seemingly facing closure as part of Embracer Group's ongoing restructure.
Behaviour Interactive and CI Games initiate layoffs
Thousands of job cuts have already taken place in the games industry, just three weeks into the new year.
Funko sells board game assets to Goliath
Funko is reportedly looking to streamline its operations and increase profitability over the coming year.
GDC State of the Industry report highlights layoffs and generative AI concerns
A new GDC report has highlighted a growing number of concerns within the global games industry.
Mighty Kingdom staff share major concerns in joint shareholder letter
A shareholder letter shared on LinkedIn has revealed major concerns brewing at Mighty Kingdom.
Take-Two initiates logo trademark dispute against Remedy Entertainment
Take-Two has claimed the new Remedy Entertainment logo is too similar to that of Rockstar Games.
Thunderful Group set to lay off 20% of its staff
Thunderful Group has announced a significant restructure to reduce costs and refocus on profitability.
Gearbox studio Lost Boys Interactive impacted by major layoffs
Lost Boys Interactive was founded in 2017, and was later acquired and expanded by Gearbox.
Discord lays off 170 employees, around 17% of staff
Discord is the latest company to initiate layoffs in a tough economic market.
Twitch is laying off 500 employees, around 35% of staff
An official announcement is reportedly expected on Wednesday.