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Video Gaming Industry in Turmoil

In the first two months of the year, over 8,500 jobs were cut across various gaming companies, following a record-breaking 10,500 layoffs in 2023.

Photo by Fábio Magalhães / Unsplash

The video gaming industry has experienced a turbulent start to 2024, with a significant wave of layoffs impacting the sector.

In the first two months of the year, over 8,500 jobs were cut across various gaming companies, following a record-breaking 10,500 layoffs in 2023.

This alarming trend highlights the challenges faced by the industry, including economic uncertainty, shifting consumer preferences, and the looming threat of AI automation.

~28,000 Employees Laid off since 2022

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