Layoffs

Xbox lays off 650 employees in latest round of job cuts

Microsoft says that there will be no game cancellations or studio closures as a result of this round of layoffs.

Until Dawn remaster studio Ballistic Moon faces layoffs ahead of game's launch

The studio was preparing to launch its PC and PS5 enhanced version of Until Dawn in October, but is scaling down its employee headcount ahead of release.

Game Informer abruptly shut down after 33 years

The closure affects both the website and the magazine with staff finding out moments before the announcement.

Intel (INTC) to suspend dividend payout as of Q4 2024, announces $10 billion cost reduction plan

Intel's Q4 2024 earnings results looked bad for the company, and it has pushed the company to execute a serious cost-cutting initiative.

Bungie lays off 220 employees amid economic restructuring

The Destiny 2 studio says it's further integrating its company into PlayStation Studios.

Humble Games hit with mass layoffs as publisher faces 'restructure' [UPDATED]

Staff at Humble Games have reported the layoffs of about 36 employees, effectively cutting the entirety of the publisher's staff.

Embracer Group shuts down Pieces Interactive

Alone in the Dark was the studio's final game.

VRChat to lay off approximately 30 percent of its staff

The popular social app developer is to have overhired in 2021 when the COVID pandemic allowed its popularity to boom.

Sumo Digital to lay off 15% of workforce

The layoffs will affect 160 employees across Sumo's international offices.

Behaviour Interactive to lay off around 95 employees in structural change

Behaviour Interactive's Montreal office is facing the bulk of the layoffs in the developer and publisher's structural changes.