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.
Unity kicks off new year with 1,800 job cuts – around 25% of staff
Unity will cut nearly 25% of its workforce to focus on "long-term success and profitability."
Activision Blizzard CEO Bobby Kotick is departing in December 2023
After three decades, Activision Blizzard CEO Bobby Kotick will depart the company.
New Zealand game studios earned NZD $434.4 million in FY23
The New Zealand games industry continues to grow, despite competition from Australia.