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13 votes
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Microsoft lays off another 650 staff from its video game workforce
21 votes -
Swedish battery company Northvolt has announced it would be laying off a large part of its workforce and selling or consolidating several sites as the electric vehicle market slows down
11 votes -
Helldivers 2 support studio Toadman Interactive to shut offices in Sweden and Norway – some positions at developer's Berlin office also at risk
14 votes -
"A total of 203,946 employees have been laid off across more than 165 tech companies worldwide since the start of 2024, with firms such as Dell, Intel, and Tesla leading the cuts"
77 votes -
Danish wind power giant Ørsted delays major US offshore project – news follows scrapping of two other Atlantic windfarms and axing of hundreds of jobs as costs surge
7 votes -
Meta closes down first-party Quest studio Ready at Dawn Studios
15 votes -
Intel is laying off over 15,000 employees and will stop ‘non-essential work’
57 votes -
Microsoft laid off a DEI team, and its lead wrote an internal email blasting how DEI is 'no longer business critical'
37 votes -
Redbox owner (Chicken Soup For The Soul) to liquidate in Chapter 7 bankruptcy shift; workforce of 1,000 to be let go and 24,000 kiosks shut down, lawyer says
24 votes -
Pieces Interactive, the Embracer-owned studio behind the recent Alone in the Dark remake, has seemingly shut down
7 votes -
How CoComelon captures our children’s attention
15 votes -
Embracer cut ties with more than 4,500 employees and cancelled eighty projects, reducing its headcount by 27% in twelve months
28 votes -
Eastern Air Lines | Bankrupt
4 votes -
Pixar: Layoffs hit storied animation studio
22 votes -
Microsoft closes Redfall developer Arkane Austin, Hi-Fi Rush developer Tango Gameworks, and more in devastating cuts at Bethesda
37 votes -
Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
52 votes -
Take-Two publishes WARN notice about seventy layoffs and studio closure in Seattle, possibly affecting Kerbal Space Program 2 developers Intercept Games
Take-Two posted a legally-required notice that it is laying off 70 workers and closing a studio in Seattle. This is part of mass layoffs announced across Take-Two. This has also been mentioned by...
Take-Two posted a legally-required notice that it is laying off 70 workers and closing a studio in Seattle. This is part of mass layoffs announced across Take-Two. This has also been mentioned by Games Industry.biz, although without much more details than what I have here (at time of writing).
The only Take-Two studio in Seattle is Intercept Games, who have been making Kerbal Space Program 2. We also know that Intercept had about 65-70 people working there (half of which were on KSP2, half of which were on an unannounced project).
Various KSP2 devs have also posted on social media that they have been impacted by layoffs (not sure about the rules re: linking social media profiles, so I'll hold off).
We may or may not have more news in the coming days. It's hard times in the industry right now, and my heart goes out for everyone affected.
EDIT: From Game Developer:
When approached for comment by Game Developer, Take-Two wouldn't confirm whether Intercept Games has been impacted by the cuts–despite multiple Kerbal Space Program developers indicating they recently left the studio, with one expressly stating they were "laid off." A company spokesperson did, however, explain that its Private Division publishing label will continue to support Kerbal Space Program 2.
...
When pushed again on the current status of Intercept Games, Take-Two told Game Developer it has "nothing further to note."
31 votes -
'Grand Theft Auto' maker Take-Two to let go 5% of staff, scrap some projects
13 votes -
UT Austin lays off around sixty staffers to comply with Texas DEI ban
22 votes -
Ericsson will lay off about 1,200 employees in Sweden as the telecommunications company faces slowed demand for its 5G equipment
9 votes -
NASA’s x-ray telescope faces a long goodbye
12 votes -
The Apex [Legends] team was hit with layoffs today
@Aaron: The Apex team was hit with layoffs today. It sucks seeing some of the people I've worked with for almost 3 years now get let go. Hopefully, they land on their feet sooner rather than later.
10 votes -
Rooster Teeth is shutting down after twenty-one years
56 votes -
'I stopped believing in myself': Game developers share the human impact of over a year of mass layoffs
42 votes -
EA cutting 5% of workforce
23 votes -
Sony is laying off 900 PlayStation employees
42 votes -
Our company is doing so well that you’re all fired
54 votes -
Disco Elysium standalone expansion reportedly cancelled and quarter of staff facing redundancy at ZA/UM
37 votes -
'I've never seen it this bad:' Game developers explain the huge layoffs hitting Riot, Epic, and more
45 votes -
US Congressional budget gridlock leads to stunning NASA layoffs
21 votes -
The Messenger shuts down amid journalism industry-wide layoffs
5 votes -
Over 5,000 games industry workers have already lost their jobs in 2024
42 votes -
Layoffs, survivor guilt, and existential dread
The company I work for laid off half of my office this week. I'm one of the survivors, and trying to process what happened. The company has been transparent about revenues. However, we had no idea...
The company I work for laid off half of my office this week. I'm one of the survivors, and trying to process what happened.
The company has been transparent about revenues. However, we had no idea that we would be so badly penalized for management choices that created significant operating cost overruns in the face of a projected short-term demand decline. I've lost half the members of my immediate team, good friends, people whose work and thoughtfulness I deeply respected. The entire department structure is being upended. The harshness of the selection for people who were being laid off included a teammate who's in the hospital, parents of young children, people on the edge of retirement. I'm suspicious and extra hostile towards the company - it's very significant to me that all the people of color and people who've had recent medical leave are among the lost.
It's not the first time I've watched and survived a company's poor management and bad choices, but this is by far the worst. I've worked very hard at staying professional with the customers this week. I'm still inwardly seething with rage. I'm trying to figure out how to be supportive to the people who are leaving. I'm trying to figure out how to help a team lead who's in his first management job, and is totally devastated and nearly frozen with helplessness. I'm decent at my job, but don't know why I was kept and others with equal or greater skills were let go. I don't feel good about what qualities I might have had that corporate desired to keep - dutifulness, compliance, amiability, reticence?
At the same time, I'm looking at months of double workload even though corporate management claims they'll outsource part of the duties (so that's another symptom that I'm replaceable) and manage the task pipeline. There's a frankly insulting retention bonus if I stay for another year. We've gotten the usual anodyne HR garbage about the employee assistance program and coping skills. The corporate management's left us with the ominous "stay tuned for further announcements over the coming weeks".
I don't have a lot of choices here. I'm trying hard to stay focused on the present, without looking over the cliff of dread at the future. At the moment, I'm the sole support for our household and source of health insurance. My spouse is badly burnt out, and I don't want him to look for work a minute before he's healthy and enthusiastic about a job. I'm a late-50's end-career professional who wouldn't normally have much interest in restarting yet again elsewhere. I very deliberately chose this company, job and location, liked the work I was doing, the people I was doing it with, and I was looking forward to building on it. There's still the possibility that our half-vacant remote office will be closed and consolidated with the corporate headquarters. I have less than zero interest in relocating, and plan to keep separated coworkers who live here as personal friends.
I'll be grateful to hear any advice on coping with this situation, and hope the replies will be helpful to others in future.
47 votes -
Will US companies hire fewer engineers due to Section 174?
20 votes -
‘Winning requires hard work’: Wayfair CEO sends employees a gloomy pre-holiday email following layoff-filled year
27 votes -
Nickelodeon Studios | Abandoned
16 votes -
Spotify is the world's biggest music streamer but rarely turns a profit and just cut 17% of its workforce – its business model looks increasingly precarious
59 votes -
How Norway's EV rising star Easee fell foul of Swedish regulators, which took it to the brink of bankruptcy
8 votes -
Maersk to cut 10,000 jobs as shipping firm revenue slides
12 votes -
Is Bandcamp as we know it over?
26 votes -
Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs
8 votes -
Bandcamp hit with layoffs after sale to Songtradr
34 votes -
Fortnite developer Epic Games axing 16% of staff, laying off 830 employees, and sells Bandcamp
30 votes -
Layoffs at Epic Games (about 830 employees, 16%)
32 votes -
Sega cancels Creative Assembly's Hyenas
11 votes -
World-renowned instrument maker Moog slashes jobs at Asheville manufacturing center
15 votes -
Embracer Group has shut down Campfire Cabal as the company begins closing down some of its development studios
8 votes -
American Physician Partners is latest physician staffing firm to fold — it follows Envision, and physicians consider further consequences of difficult market
9 votes -
99-year-old US trucking company Yellow shuts down, putting 30,000 out of work
30 votes