Job cuts are expected to impact both development studios and publishing units.
Amazon is set to shut down parts of its gaming business amidst a major restructure.
Unity's new interim CEO has announced plans to make the company more "agile" to create "value" for customers and shareholders.
The news arrives after Digital Extremes replaced its long-serving CEO in October 2023.
The announced layoffs largely impact employees at Ubisoft's Canadian studio.
Egil Strunke served as the chief operating officer of Embracer Group for eight years.
Bungie has addressed recent layoffs at the company in a new blog post detailing the future of Destiny 2.
Bungie is the latest PlayStation studio to face restructuring and widespread job cuts.
Media Molecule is the latest company to announce layoffs, as the global games industry retracts.
Developers at multiple studios worldwide are in the process of forming unions, following months of layoffs in the video games industry.