Behind the Headlines: Understanding the 2300+ Video Game Layoffs of 2024

IMG Credit - Google

IMG Credit - Google

I’m not sure anyone was ready for it to be possibly worse

Yet this year has kicked off with a string of big and small layoffs signaling that the corporate bloodletting rituals aren’t ending anytime soon.

IMG Credit - Google

IMG Credit - Google

Archiact - Unknown

IMG Credit - Google

On January 4, 2024, the first round of video game layoffs (that we know of) happened at VR games developer Archiact.

IMG Credit - Google

The company, known for its Doom 3 VR port, announced on social media that it had laid off an unspecified number of staff.

IMG Credit - Google

Bossa Studios - 19 people

January 5, 2024. According to Gameindustry.biz, 19 people were cut from the studio. The layoffs were mostly QA and production roles

On January 9, 2024, Bloomberg reported that Twitch was preparing to lay off 500 employees by the end of January. This is about 35% of its total staff.