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.
Twitch will reportedly lay off around 500 employees this week
10.01.2024 - 10:48 / videogameschronicle.com / John Riccitiello / Lay Off
Streaming giant Twitch is set to lay off around 500 members of staff this week according to a new report.
According to Bloomberg, the Amazon-owned platform will reduce its workforce by 35%. Twitch declined to comment on the story when approached by Bloomberg.
This is the latest blow in a difficult period for the streaming frontrunner. Last year the company fired over 400 employees as part of company-wide cuts at parent company Amazon.
The platform has also faced struggles with its viewers and creators in recent years as controversy swirls around content policies and what is actively promoted on the platform, such as partial or implied nudity.
This coincides with rival streaming platform Kick offering massive deals to some of Twitch’s highest-viewed creators.
In December, the company announced plans to end service in South Korea in a move that Twitch owed to skyrocketing ISP fees, which are far higher in South Korea than in other territories in which Twitch operates.
After a tough 2023, job losses in the video game sector have continued into 2024. Earlier this week Unity announced it intends to lay off approximately 1,800 employees, or around 25% of its workforce.
This is the fourth round of layoffs at Unity in the last year and follows a period of significant instability for the company. In October, it announced that John Riccitiello was stepping down as president and CEO effective immediately.
Last year, it’s estimated that over 9,000 people lost their jobs in the video game sector.
Companies impacted by layoffs include Xbox Game Studios, Epic Games, Sony Interactive Entertainment, CD Projekt, Unity, Riot Games, Blizzard, Crystal Dynamics, BioWare, Striking Distance, Team17, Frontier Developments and Telltale Games.
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gamesindustry.biz
26.01.2024 / 12:15
Ruiner developer Reikon Games reportedly lays off more than half its staff
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ign.com
25.01.2024 / 21:15
Ruiner Developer Reikon Games Reportedly Lays Off 80% of the Company
Ruiner developer Reikon Games has reportedly laid off 60 to 70 people, or roughly 80% of its workforce, according to Kotaku.
destructoid.com
25.01.2024 / 21:11
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videogameschronicle.com
25.01.2024 / 19:21
Ruiner studio Reikon Games has reportedly laid off around 80% off its staff
Reikon Games, the studio behind 2017 action game Ruiner, has reportedly laid off around 80% of its staff.
gameinformer.com
25.01.2024 / 18:46
Destroy All Humans Remake Developer Black Forest Games Reportedly Lays Off 50 Employees
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techradar.com
25.01.2024 / 16:46
Microsoft to lay off around 1,900 staff from across the Xbox, Activision Blizzard, and ZeniMax teams
Update: This story has now been updated with a response from a Microsoft spokesperson.
destructoid.com
25.01.2024 / 16:21
Microsoft lays off 1,900 employees from Activision Blizzard and Xbox
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thegamer.com
25.01.2024 / 14:55
Microsoft Reportedly Laying Off 1,900 Employees Following Activision Buyout
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gamingbolt.com
25.01.2024 / 11:31
People Can Fly is Reportedly Laying off Over 30 People Due to Square Enix Project’s Shrinking Scope
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eurogamer.net
24.01.2024 / 23:53
Outriders developer People Can Fly reportedly lays off "over 30" employees
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rockpapershotgun.com
23.01.2024 / 19:56
Riot Games to lay off "around 530" people and shut down Riot Forge label in push for "sustainability"
Riot Games have announced that they will shortly lay off "about 530" people, or 11 per cent of their global workforce, so as to "create focus and move us towards a more sustainable future", in the words of CEO Dylan Jadeja. The "biggest impact" will be felt outside of core development, though they'll affect at least one major internal team - the developers of Legends Of Runeterra. Riot are also binning off the Riot Forge publishing label, under which third-party developers create smaller-scale games based on Riot's own intellectual properties.