The video game industry has been hit by a wave of layoffs, with 2K Games, Visual Concepts Austin, and other studios reportedly cutting jobs. Former employees have described the affected developers as 'very talented.' Layoffs have also impacted the gaming industry as a whole, with over 6,300 reported job cuts in 2024. Visual Concepts, known for NBA 2K and WWE 2K series, is facing layoffs for the second time since September 2023. The reasons behind the widespread layoffs in the gaming industry remain a topic of discussion.
Why is the $180bn games industry shedding thousands of staff? https://t.co/SrIgNazieE
Here's why there's been so many layoffs in the video game industry: https://t.co/K8eVt8IyBJ https://t.co/3DQs8fsNQU
Visual Concepts, @VC_Novato, the developer of the NBA 2K and WWE 2K series, is facing layoffs for the second time since September 2023. Learn more: https://t.co/jQelT1BUTb #games #videogames #gameindustry #layoffs #WWE2K24 #NBA2K24 https://t.co/2SOSZhBcEV
Layoffs have happened at six more studios--including Visual Concepts Austin and Hidden Path Entertainment. 38 days into 2024: 6,300+ video game industry layoffs have been reported. https://t.co/a0pGxy7tb6 https://t.co/sZFAkJ1tRi
The impact of thousands of games industry layoffs, in one chart. https://t.co/zY65Xhpolu
2K Games studio has allegedly let go a "group of very talented developers," according to former employee https://t.co/3aACBT9r5X
More layoffs at Visual Concepts Austin after 2K cuts "several" jobs https://t.co/sfAEnFCUd9 https://t.co/nzC1Tqwhpu
Layoffs are sucking the joy out of video games | This week's gaming news https://t.co/alscxdXn2X https://t.co/Gt20OBEgKQ
Another Round Of Layoffs Hits 2K Games https://t.co/aMjujsyvST https://t.co/12LZE6x8qC