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embracer group financial results 2023

Embracer Group cut 27% of its workforce in the last year

Embracer Group's latest financial reports have revealed significant cuts to its workforce.

Final Fantasy 7 Annivesary Art Card NFTs

Square Enix will lay off staff as part of new business plan

Square Enix Europe and US are set to be restructured in the coming months.

mighty kingdom games

Mighty Kingdom is laying off 28% of its employees

Mighty Kingdom has announced a major staff layoff to "rightsize" the business for the future.

igda report dss developer layoffs

IGDA reveals 10,500 game developers lost jobs due to layoffs in 2023

Layoffs have impacted a significant number of game developers over the last year.

Grand Theft Auto v take-two layoffs

Take-Two will lay off 5% of staff, cancel games to cut costs

Take-Two will reduce its workforce by around 600 employees, to save around USD $165 million annually.

possibility space studio shut down

Possibility Space shuts down following alleged staff leaks

Possibility Space has closed before releasing its debut game.

borderlands 3 key art layoffs gearbox

Gearbox impacted by layoffs following sale to Take-Two

Gearbox has confirmed a round of layoffs took place directly following the studio's sale to Take-Two.

nintendo switch successor

Nintendo of America restructures testing department

Nintendo of America is reorganising its product testing department to "drive greater global integration in game development efforts."

relic entertainment studio layoffs

Sega Europe lays off 240 employees, sells Relic Entertainment

Sega Europe has announced a sweeping restructure, including employee layoffs and a studio sale.

microsoft xbox phil spencer activision blizzard

Xbox boss Phil Spencer says recent games industry layoffs were due to lack of growth

Phil Spencer has talked about the nature of layoffs, and their links to industry growth, in a new interview.

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