Former Sony Interactive Entertainment EU President Says Industry Layoffs Not Due to Corporate Greed, Those Affected Should “Drive an Uber” Until Things Settle
Perhaps they should get a second part time job so they can buy a PS5Pro as well.
2024 may not be kind for game developers.
- Thread starter Silent_Buddha
- Start date
If you're in the US, it's called pulling yourself up by the bootstraps. You just gotta WANT it, right?
Microsoft lays off further 650 Xbox staff, no games cancelled or studios closed
Microsoft has laid off a further 650 Xbox staff, though no games have been cancelled or studios have been closed this t…
www.eurogamer.net
Microsoft lays off further 650 Xbox staff, no games cancelled or studios closed
"For the past year, our goal has been to minimise disruption while welcoming new teams and enabling them to do their best work. As part of aligning our post-acquisition team structure and managing our business, we have made the decision to eliminate approximately 650 roles across Microsoft Gaming - mostly corporate and supporting functions - to organise our business for long term success," reads Spencer's email."As part of aligning our post-acquisition team structure and managing our business"
Oh yeah. This time he was very clear, not even cared to hide ABK was a significant part of the layoffs, if not almost the entirety of it.
At this is point I hope everyone here realizes consolidation is bad for everyone but execs. Big companies buying publishers is not good for the industry, period.
Oh yeah. This time he was very clear, not even cared to hide ABK was a significant part of the layoffs, if not almost the entirety of it.
At this is point I hope everyone here realizes consolidation is bad for everyone but execs. Big companies buying publishers is not good for the industry, period.
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“Today is a challenging day for Lost Boys Interactive as we face the difficult decision to reduce our workforce,” says Shaun Nivens, CEO of Lost Boys Interactive. “We recognize the impact of this decision on our team members, who have contributed greatly to our success. Decisions involving staff reductions are never made lightly, and this action was taken only after considering all other options. We are committed to supporting them in every way we can during this transition.”
No numbers on how many people are affected. Lost Boys is owned by Embracer.
No numbers on how many people are affected. Lost Boys is owned by Embracer.
Microsoft lays off further 650 Xbox staff, no games cancelled or studios closed
Microsoft has laid off a further 650 Xbox staff, though no games have been cancelled or studios have been closed this t…Microsoft lays off further 650 Xbox staff, no games cancelled or studios closed
"For the past year, our goal has been to minimise disruption while welcoming new teams and enabling them to do their best work. As part of aligning our post-acquisition team structure and managing our business, we have made the decision to eliminate approximately 650 roles across Microsoft Gaming - mostly corporate and supporting functions - to organise our business for long term success," reads Spencer's email.
Unfortunately, they could do a dozen more layoffs of that size and not come close to $70 billion, meaning they will likely keep whittling down staff.
Annapurna Video-Game Team Resigns, Leaving Partners Scrambling
In a twist, the team let themselves go.I wonder if this will have any affect on the recent partnership with Remedy.
Remedy already said it doesn’t. Their deal is to develop movies, I think
D
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Activision Blizzard Lay Off Hundreds of California Workers
It's confirmed that Activision Blizzard are laying off more of their staff in Southern California, with the number totaling 400.
wccftech.com
Johnny Awesome
Veteran
Streamlining continues.
The games industry is undergoing a 'generational change,' says Epic CEO Tim Sweeney: 'A lot of games are released with high budgets, and they're not selling'
www.pcgamer.com
The games industry is undergoing a 'generational change,' says Epic CEO Tim Sweeney: 'A lot of games are released with high budgets, and they're not selling'
The world of videogames is changing, and the Epic chief believes the future is social.
The games industry is undergoing a 'generational change,' says Epic CEO Tim Sweeney: 'A lot of games are released with high budgets, and they're not selling'
The games industry is undergoing a 'generational change,' says Epic CEO Tim Sweeney: 'A lot of games are released with high budgets, and they're not selling'
The world of videogames is changing, and the Epic chief believes the future is social.
Could gamers playing Fortnite for years, buying all kinds of in-game crap, be contributing to slow sales of AAA games?
Great for him but doesn't Epic also get a licensing fee per-unit sold for games using Unreal Engine?
Yes, of course Fortnite's success is going to have an effect on other games, because it's competing for the same time and dollars. Fortnite hit 110 million concurrent players last year, I'm not sure if they've passed that record yet this year.
And yes, epic collects a single digit percentage from games using unreal engine. I think it was 5, and they dropped it to 3 or 3.5% if a game launches into EGS day 1, even if it's not exclusive.
That's not really a change. Back in the 90s, 70% of games failed to make their investment back, including AAA titles. The only difference now is the sums of money being spent and lost, but I wonder if it's actually worse than before?
I guess we should really check my assertion that AAA investments also failed, or was their a higher success rate back then where blowing big money actually did increase success for a title?