Reikon Games, the developers behind cyberpunky top-down shooter Ruiner, have reportedly become the latest studio to lay off dozens of staff, with over half of the Polish indie said to have lost their jobs earlier this week.
18.01.2024 - 18:49 / videogameschronicle.com / Marek Tyminski / Tom Ivan
Polish developer and publisher CI Games has announced plans to cut approximately 10% of its workforce.
The layoffs were first reported by GamesIndustry.biz and subsequently confirmed by CI Games CEO Marek Tymiński.
“To preserve business strength and stability, CI Games has made the tough but necessary decision to implement a targeted round of redundancies, affecting approximately 10% of employees across the company,” he said.
“We would like to thank each of them for the part they’ve played during their time with us. Further business optimisations are being made to the organisation’s pipelines and processes.”
According to GI.biz’s sources, employees at Lords of the Fallen developer Hexworks and Sniper Ghost Warrior studio Underdog have been affected by the layoffs.
They also claimed that CI Games’ marketing department has been hit particularly hard by the cuts, with most of the team made redundant.
Job losses across the games industry were widespread in 2023, and things look set to be even worse this year.
Around 3,000 jobs are estimated to have been lost so far in 2024, compared to 10,500 in total last year.
Companies impacted by layoffs this year include Unity, Thunderful and Behaviour Interactive.
Reikon Games, the developers behind cyberpunky top-down shooter Ruiner, have reportedly become the latest studio to lay off dozens of staff, with over half of the Polish indie said to have lost their jobs earlier this week.
Reikon Games has reportedly laid off 60 to 70 people, equating to 56 percent of the company.
Update: This story has now been updated with a response from a Microsoft spokesperson.
According to IGN, Microsoft has fired 1,900 employees from its video game divisions including Xbox and Activision Blizzard. The layoffs affect almost 9% of the 22,000 employees at the company. In a memo to staff, Microsoft Gaming CEO claims the layoffs come after leadership at Microsoft Gaming and Activision Blizzard identified areas of overlap following the recent acquisition of Activision, Blizzard, and King.
Microsoft has laid off 1,900 employees from its gaming division—mainly roles at Activision Blizzard King, but also some at Xbox and ZeniMax Media.
Microsoft is reportedly laying off 1,900 of its 22,000 video game staff following the $69 billion Activision Blizzard King acquisition.
People Can Fly, the developer behind the likes of Outriders and Bulletstorm, has reportedly laid off «over 30 people» working on a currently unannounced game — codenamed Project Gemini — that's set to be published by Square Enix.
People Can Fly has reportedly laid off over 30 developers working on an unannounced Square Enix game.
The new year continues to be a difficult one for the games industry, with Riot Games announcing layoffs affecting about 11% of their global workforce, or around 530 people. The company is also trimming its portfolio, shutting down Riot Forge, pulling back on some other projects, and recentering on its four core live titles: League of Legends, Teamfight Tactics, Valorant, and Wild Rift.
Riot Games, the publisher-developer company behind League of Legends, has announced that it is laying off 530 employees. Plus, it's ending new game development under its Riot Forge arm, which produced third-party-developed games with the «A League of Legends Story» tag, like Ruined King, The Mageseeker, Song of Nunu, and the upcoming Bandle Tale, which will be the last in this line of releases.
Riot Games announced another big round of layoffs for the second year in a row. This time around, the studio mainly known for the League of Legends franchise plans to remove 11% of its large workforce. Around 530 employees will lose their jobs, although they will get benefits such as six months of severance pay at minimum, cash bonuses, and others.
League of Legends developer Riot Games has announced that it will be laying off around 530 employees from its workforce. This roughly amounts to around 11 percent of the people working at the studio and its subsidiaries. CEO A. Dylan Jadeja made the announcement with a letter to Riot Games staff that has been shared publicly.