Gaming Industry Faces Turmoil as Major Studios Announce Layoffs

  • Felix Hawthorne
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Gaming Industry Faces Turmoil as Major Studios Announce Layoffs

The video game sector is presently facing considerable obstacles, with several well-known studios announcing layoffs. Despite hopes for a recovery, the trend of job cuts and studio closures continues to impact the sector. Recently, three prominent studios have indicated that they are downsizing their workforce, reflecting the ongoing difficulties faced by the industry.

Illfonic has shared through social media platforms that a significant portion of their staff will be laid off. Although they initially achieved success with Friday the 13th: The Game, their latest projects have struggled to capture a substantial audience.

Torn Banner Studios, recognized for their work on Chivalry 2, is also facing setbacks with their New title: Hell's Endless Abyss 2, which has not met expected success. They have announced on LinkedIn that a considerable number of employees will be let go, though the exact figures remain unspecified. The CEO has expressed that their independent status presents numerous challenges and has emphasized the importance of the team's dedication and contributions.

Lastly, Deck Nine, known for Life is Strange: Double Exposure, has communicated through social media that they will also be parting ways with several team members. The CEO described this decision as profoundly difficult, highlighting the tough circumstances many companies in the gaming sector currently confront and showing gratitude for the hard work and commitment of their staff.

Our hearts go out to everyone affected by these layoffs as they navigate this challenging time.

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