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 - 13:34 / eurogamer.net / Victoria Kennedy / Ci Games / Marek Tyminski / Lays Off / Ios
Polish video game developer and publisher CI Games has laid off 10 percent of its staff.
The company, perhaps best known for Lords of the Fallen, told Eurogamer this was a «tough but necessary» decision it believes will help «preserve business strength and stability».
According to our sister site GamesIndustry.biz, these layoffs will affect employees from across the company, including Lords of the Fallen developer Hexworks, Sniper Ghost Warrior studio Underdog and the «majority» of CI Games' marketing team.
To see this content please enable targeting cookies. Manage cookie settings Lords of the Fallen (2023) gameplay presentation. Watch on YouTubeIn an official statement shared with Eurogamer, the company's CEO Marek Tyminski said the following: «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.»
Lords of the Fallen released last year, selling 1m copies in 10 days. At this time, Tyminski said this title was the «most important and ambitious game we've developed in our 20-year history», adding it was the first in the company's «new planned AAA pipeline of games in the years ahead». Lords of the Fallen was also the company's most expensive project to date, with total costs of PLN 281m. That is roughly £52.2m here in the UK.
This is our second story today regarding layoffs in the video game industry, with Dead by Daylight developer Behaviour Interactive also reportedly affected by cuts. According to a new report, 45 people were laid off at the company's Montreal studio between 9th and 11th January.
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.
Black Forest Games, the studio behind the recent Destroy All Humans! 1 and 2 remakes, has reportedly laid off about 50 people. This news comes from Kotaku, which learned from a source with knowledge of the situation that these layoffs were announced yesterday, January 24, and that more information about them would be provided next week.
Update: This story has now been updated with a response from a Microsoft spokesperson.
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.
Just four months after the merger with Activision-Blizzard, Microsoft has announced that it will lay off 1.900 Activision-Blizzard and Xbox employees.
Update, 9:51 a.m. ET, 1/25/24:
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.
Union membership numbers in the UK have risen significantly, following a tumultuous period in the video game industry (which still continues today).
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.
We’re not even a month through 2024 and it’s looking to be a rough year for the games industry. Massive developer and publisher Riot Games, home to League of Legends and Valorant, announced today it has laid off 530 employees or roughly 11% of its workforce. Legends of Runetterra, Riot’s competitor to Hearthstone, is also seeing a reduction in team size and will shift focus to its Path of Champions PvE game mode. Riot Forge, a division of Riot Games that focuses on teaming up with established developers and creating unique single-player experiences in the Runterra universe, will also be sunset.