Gaming Industry Layoffs Continue Into 2024

The gaming industry is experiencing a falter. Continuing the trend from the past year, over 6,000 workers have lost their jobs for major companies such as Microsoft and Unity. With the world only being into 2024 for a few weeks and 2023’s layoffs in gaming being over 10,000 through the entire year, it raises the question of how the gaming industry began losing workers so quickly.

The answer begins with the Covid-19 pandemic, which was a boom for the gaming industry. That being said, this big increase was relatively short-term. As profits went up, companies assumed this was a new normal, and began taking on new projects and hiring new workers. When profits fell back to their pre-pandemic levels, there were now excess workers, more projects, and less money. Thus, the layoffs began.

This is not only affecting the now jobless developers but the players as well. With big video games such as Baldur’s Gate 3 showing just how much video game developers are capable of, the expectations that players have for games increased as well. With fewer workers, making these various projects and meeting expectations was not obtainable. The result is the abandoning of various projects, which leaves players disappointed and employees jobless. 

One suggested solution to this issue is the unionizing of game workers, but there is no guarantee that it will stop the loss of jobs. As the gaming industry moves forward, the effects of these layoffs are unpredictable for these companies; however, either way, they will absolutely be seen.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

RFK Jr Announces Running Mate

Robert F Kennedy Jr., son of Bobby Kennedy, the former attorney general and senator and brother to JFK, announced his independent candidacy on October 9, 2023. While he was previously known for his work as a fierce environmental lawyer fighting large companies, in more recent years he has become infamous for his anti-vaccine views, regularly […]

Collapse of Baltimore Bridge Constructs Conspiracy

In the early morning hours of March 26, the cargo ship Dali struck Baltimore’s Francis Scott Key Bridge when leaving the harbor. The ship was bound for Sri Lanka when at 1:24 a.m., it experienced a power failure. The crew reported the power failure, causing authorities to stop traffic from crossing over the bridge. The […]

Former CT Senator Joe Lieberman Passes at 82

Joseph Lieberman (he/him, I-CT), known for serving Connecticut in the U.S. Senate for 24 years and switching parties during his last term, has passed away at age 82. His passing follows his selection as the the first Orthodox Jewish vice president nominee of a major party in 2000. The founder of the No Labels party […]

ISIS Attack in Moscow Raises Terror Concerns Internationally

Russia sustained the deadliest terror attack on their country in the past twenty years on March 22, 2024. The attack took place inside the Crocus City Hall, a concert venue where 144 concertgoers were brutally killed. Multiple gunmen were spotted in eye-witness video footage entering the concert hall dressed in camouflage clothing (Reuters). The gunmen […]