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 shuts down following alleged staff leaks
Possibility Space has closed before releasing its debut game.
Ascendant Studios reportedly furloughs majority of staff
Ascendant Studios' future remains unclear after a reported staff furlough.
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 of America restructures testing department
Nintendo of America is reorganising its product testing department to "drive greater global integration in game development efforts."
Sega Europe lays off 240 employees, sells Relic Entertainment
Sega Europe has announced a sweeping restructure, including employee layoffs and a studio sale.
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.
Knockout City studio Velan facing major layoffs
Velan Studios is in the early stages of a restructure due to the cancellation of a major upcoming project.
Wyrdsong developer Something Wicked Games reportedly gutted by layoffs
"Most staff" at Something Wicked Games have reportedly been laid off.
Apex Legends studio Respawn Entertainment reportedly impacted by layoffs
Social media has been flooded with reports of redundancies at Respawn Entertainment.