Cryptic Studios looks to be starting a period of layoffs and transitions, following previously announced moves to have fellow Embracer Group-owned Deca Games handle more of the development on Star Trek Online, Neverwinter, and Champions Online.
Nexon America confirmed a "small number" of layoffs, saying that the move is part of a reorganization plan.
Activision Blizzard aims to lay off about 400 people across several studios, development teams, and role types in the coming months.Â
Airship Syndicate, the development studio behind the hero collecting action RPG Wayfinder, recently released a statement via Linkedin detailing the extent of layoffs the studio has recently made.
Dead By Daylight spinoff Project T has been canceled and the dev studio behind it, Midwinter Entertainment, shut down by Behaviour Interactive. Reports of layoffs and the studio shutdown began trickling out before Behaviour confirmed the situation.
Microsoft has confirmed a new round of layoffs affecting 650 people. The new cuts amount to about 3% of the global workforce.Â
Reliable sources claim that staff at Ouka Studios, a subsidiary of NetEase, has been near-entirely laid off.
After prior cost cutting came up short, Bungie is laying off 220 employees and moving another 230 to other divisions within Sony, to focus on Destiny and Marathon.
Humble Games has laid off 36 employees, initially leading to many believing the publisher was shutting down. However, the company later released a statement on social media confirming layoffs, but saying that the company was not shutting down, but instead, "restructuring".
Embracer Group's latest financial report shows 4,352 fewer employees, 80 canceled games, sales increases, and a renewed future focused on owned and controlled IP.
Phoenix Labs, the developers behind Dauntless and Fae Farm, have laid off over 100 staff today as the team shifts its focus to its live service titles.
Palia developer Singularity 6 has reportedly laid off even more workers today, this time affecting around 40% of its staff. This is just weeks after the studio laid off 49 developers after the launch of the cozy MMO on Steam.
More painful cuts in the industry, as Microsoft is closing four studios it acquired when it bought Bethesda: Arkane Austin (which most recently released Redfall), Tango Gameworks, Alpha Dog Studios, and Roundhouse Games.
Take-Two Interactive appears to plan to shutter two of its subsidiary studios, Intercept and Roll7, under its larger subsidiary Private Division, which also faces layoffs.
In a recent interview, Larian's head of publishing called out the stockholder-focused nature of the modern games industry.