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Blockchain Engineer Salaries in Asia Drop by More Than 5%
8.4.2024
Salaries for blockchain engineers went down in 2023 due to tough times in the industry, like layoffs and companies not hiring as much.
The post Blockchain Engineer Salaries in Asia Drop by More Than 5% appeared first on Cryptonews
Elder Scrolls VI Playable, Shakeups At Nintendo, And More Of The Week's Gaming News
30.3.2024
This week’s gaming news was far-ranging in its nature and its implications. We got reports that Pedro Pascal has already wrapped up shooting on season two of HBO’s The Last of Us, heard rumblings that some publishers are unsure if supporting Xbox continues to make sense for them, and got our first...
Digital Game Sales Continue Continue Killing Off GameStop, Analyst Says
27.3.2024
Video game and nerd culture retailer GameStop appears to be floundering once more. According to a Reuters report, the company recently laid off an unspecified number of employees after reporting a decline in earnings in the fourth quarter as physical sales fall and digital purchases rise.Read more
Big Shakeup At Nintendo Testing Center Ahead Of Switch 2
27.3.2024
Nintendo of America is restructuring the small army of contractors that helps test its games and hardware in its Washington state headquarters, the company confirmed to Kotaku. According to four current and former contractors, the result is a massive downsizing that comes amid layoffs across...
Geoff Keighley Finally Tweets About Layoffs, And The Timing Is Awfully Convenient
13.3.2024
Geoff Keighley briefly, and barely, addressed the recent, historic number of layoffs that have hit the video game industry already this year, after failing to do so for months. But before I could even give the guy some credit for doing the bare minimum, he turned around and started advertising...
Painful Cuts At PlayStation, A Big Pokémon Reveal, And More Of The Week's Top News
2.3.2024
This week was marked by more inescapable upheaval on the gaming landscape, as PlayStation announced massive cuts across its studios and canceled some games in development. But there was some lighthearted fun to be had as well, with Hideo Kojima sharing his amusing reaction to Oscar Isaac’s...
EA Cancels Respawn Star Wars Shooter Amid Mass Layoff
28.2.2024
Respawn’s unnamed Star Wars first-person shooter, first confirmed by EA in January 2022, has reportedly been canceled as the publisher pulls back on licensed games amid a large round of layoffs. Read more
PlayStation Cancels Multiple Games Amid Massive Job Cuts
27.2.2024
This morning, Sony revealed that it is adding to the ever-growing pile of industry layoffs. In official posts, the company announced it had “initiated a reduction” in workforce. These cuts will impact a variety of PlayStation’s first-party studios including Insomniac Games, Guerrilla, Naughty...
Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs
7.2.2024
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...
Polygon Labs Trims Staff by 19% ‘for the Sake of Enhanced Performance’
3.2.2024
As part of its strategy to recalibrate and enhance operational performance, Polygon Labs will be reducing its workforce by 60, marking a 19% cut. This decision, shared by CEO Marc Boiron, aims at maintaining a lean and efficient team. Polygon Labs to Lay off 60 Employees in Bid to Return to Core...
Jack Dorsey’s Block Inc. Initiates Layoffs to Reach 12,000 Employee Cap
31.1.2024
Block Inc., led by Jack Dorsey, has started implementing job cuts in a bid to reduce its workforce by the end of the year. According to a recent report by Business Insider, Block has commenced a gradual reduction of its workforce, aiming to decrease its current staff count of approximately 13,000...
Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
30.1.2024
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures
New Deus Ex Game Reportedly Canceled By *That* Gaming Company
29.1.2024
Embattled gaming company Embracer Group has cancelled an in-development Deus Ex game that Eidos Montreal was working on, according to a new report from Bloomberg. The untitled and unannounced RPG was reportedly in pre-production for two years and was set to “enter production later this year,”...
Report: Microsoft Cancels Blizzard’s Survival Game Amid Layoffs
26.1.2024
Microsoft slashed nearly 2,000 jobs across its gaming division on January 25, impacting staff at Activision Blizzard, ZeniMax, and Xbox. And now, we’ve learned that an in-development survival game from Blizzard, codenamed “Odyssey,” has been canceled and most of the team working on the game were...
Not Even Call Of Duty Devs Are Safe From Layoffs
25.1.2024
On January 25, Microsoft announced an almost 9 percent reduction of its workforce in the company’s gaming division, totaling nearly 2,000 staffers who’ve lost their jobs across Activision Blizzard, ZeniMax, and Xbox. Some of these folks worked on Call of Duty, one of the industry’s biggest and most...
Microsoft Cuts Nearly 2,000 Video Game Workers' Jobs
25.1.2024
Another day, another layoff. This time, the staff cuts are happening at Microsoft, with IGN reporting that nearly 2,000 employees at the Xbox maker were let go.Read more
Kick could eventually buy Twitch after the latter reports layoffs
11.1.2024
Twitch has announced that it will lay off 500 employees. That is 35% of the current workforce. While the precise reason is unknown at the moment, the community speculates that the move could be because of the growing competition from other players in the market. Lately, brands like Facebook...
10 Days Into 2024 And 2300+ Video Game Layoffs Have Been Announced
10.1.2024
Within the last few years, video game industry layoffs have unfortunately become more commonplace. In 2023, we saw near-weekly layoffs across the entire industry. When the dust had settled, at least 6,000 jobs across publishers, developers, and other video game-related companies had happened....
Report: Unity Cutting About 1,800 People In Company's Largest Layoff
8.1.2024
A new report says Unity is cutting around 1,800 jobs, or about 25 percent of the company according to a regulatory filing and internal company memo obtained by Reuters on Monday. Read more
Ahead of Bitcoin ETF Launch, BlackRock Announces Major Workforce Cuts
8.1.2024
BlackRock headquarters. Source: Adobe / John Hanson Pye BlackRock, the world’s largest asset management firm, is reportedly reducing its global workforce by about 3%, just days before the expected approval of the firm’s spot Bitcoin ETF application. The layoffs, which have not yet been...