For the first time, gamers have learned about the scale of the impact of Embracer Group’s restructuring drive. Lars Wingefors, the company’s co-founder and CEO disclosed this in his opening remark at the company’s second-quarter earnings presentation on Thursday, November 16, 2023.
On Tuesday, November 14, 2023, news started filtering in that Humble Games had laid off an undisclosed number of staff.
Black Friday, the biggest shopping season in the year, will happen on November 24—which is just a week away. Major console makers have already started unveiling their planned discounts.
Digital Bros, the owner of 505 Games, has revealed plans to cut its global workforce by 30%, “with the predominant portion concentrated within the studios”.
Amazon has laid off 180 employees in its games division. This is the second round of layoffs this year by the online retailer which announced a restructuring drive back in April.
Finally, the long list of nominees was announced on Monday, November 13, 2023. Baldur’s Gate 3 and Alan Wake II were the start of the day with 8 nominations each.
Baldur’s Gate 3 and Larian Studios achieved an incredible feat at the 2023 Golden Joystick Awards held last week. This is the first time the award has been held in-person since 2019.
Unity announced a revenue of $544 million (a 69% year-over-year spike). However, another piece of information contained in the earnings report was the possibility of layoffs.
Elon Musk revealed that his primary means of fighting stress is by playing video games. He made this revelation in a podcast episode hosted by Lex Friedman.
Digital Extremes is the latest studio to announce layoffs in an industry that has seen thousands of jobs severed this year. The exact number of roles made redundant was not immediately made available at the time the news broke. But Digital Extremes has now confirmed the number.