Game Companies That Witnessed Layoffs in 2024

The year 2024 has been exceptionally difficult for employment across the tech sector, with over 151,000 jobs lost, according to layoff tracker reports. Among these, the gaming industry alone accounted for more than 15,000 job cuts. From small indie studios to large industry giants, no company seemed completely immune to the economic turbulence.

Mass layoffs spanned across more than 160 gaming companies, with some experiencing minor reductions while others had to let go of entire teams. 

A Month-by-Month Overview of 2024 Layoffs in the Gaming Industry

January 2024

• Archiact – 20 (AR/VR)

• Slipgate Ironworks – Unknown (Embracer Group)

• Unity Technologies – 1800

• Twitch – 500

• Playtika – 350

• Nesting Games – 68 (Digital Bros)

• Lost Boys Interactive – 125 (Embracer Group)

• Piranha Bytes – Unknown (Embracer Group)

• Pole To Win (PTW) – 45 (Publisher)

• Wimo Games – 20

• Netspeak Games – 25 (Aristocrat Technologies)

• Thunderful Group – 75

• Pixelberry – Unknown (Nexon)

• Ntreev Soft – 70  (NCSoft)

• 31st Union – Unknown (TakeTwo Interactive)

• CI Games – 30

• Behaviour Interactive – 45

• Chief Rebel – Unknown

• Metaverse World – 70 (Netmarble)

• Little Red Dog Games – 30

• Riot Games – 530

• Warducks – 10

• People Can Fly Studios – 30

• Black Forest Games – 40 (Embracer Group)

• Activision Blizzard – 1900 (Microsoft)

• Eidos Montreal – 97 (Embracer Group)

• Starword Industries – 15

• Nimble Giant – Unknown (Embracer Group)

• Artificer – Unknown

• Airship Syndicate – 12

• Rovio Montreal – 12 (SEGA)

February 2024

• Chimera Entertainment – 20

• Threaks – 25

• Crop Circle Games – Unknown

• Cloud Imperium Games – Unknown

• Visual Concepts – Unknown

• GameScience – 10

• Hidden Path Entertainment – 44

• 91Act – 15

• Threshold Games – 11

• Daybreak Games – 15

• Genvid Technologies – Unknown

• Scopely – 15

• Noggin – Unknown

• Build a Rocket Boy – Unknown

• GameLoft Lviv – 38

• Disruptive Games – Unknown

• CodeMasters – Unknown

• Die Gut Fabrik – 10

• SuperMassive Games – 90

• Deck Nine Games – 25

• PlayStation Studios – 900

• Wildlife Studios – 130

• Electronic Arts – 670

• 505 Games – Unknown

• Keoken Interactive – 4

March 2024

• Babaroga Games – 4

• Radical Forge – 6

• FrogSong Studios – 25

• ZA/UM – 24

• Sega of America – 61

• Deviation Games – 50

• Something Wicked Games – 40

• Velan Studios – 46

• Happy Volcano – 8

• Tarsier Studios – Unknown (Embracer Group)

• Smilegate Barcelona – 45

• Sega HARDLight – Unknown

• Creative Assembly – 240 (SEGA)

• Certain Affinity – 25

• Gearbox Publishing – Unknown (TakeTwo Interactive)

April 2024

• Bold Spirit Game Studio – 30

• Ubisoft – 45

• MI-CLOS Studio – 20

• Whitethorn Games – 5

• Spearhead Games – 31

• Singularity 6 – 49

• Relic Entertainment – 40

• Ubisoft Korea – Unknown

• Possibility Space – 70

• Kwalee – 40

• TakeTwo Interactive – 600

• ModernWolf – 6

• Bethesda France – 15

• Flaming Fowl Studios – 20

• NCSoft – Unknown

• Keoken Interactive – 13

May 2024

• Paladin Studios – 45

• Bethesda Softworks – Unknown (Microsoft)

• Tango GameWorks – 150 (Microsoft)

• Alpha Dog Games – 25 (Microsoft)

• Arkane Austin – 60 (Microsoft)

• A Thinking Ape - 25 (Embracer Group)

• Dawon Interactive – Unknown

• Lightforge Games – 35

• CI Games – 30

• Mighty Kingdom – 25

• Studio Wildcard – 6

• Singularity 6 – 36

• Phoenix Labs – 162

• GameLoft Cluj – 136

• Fall Damage – 50

• Hatchery Games – 13

• ZeniMax Asia – Unknown

• Private Division – Unknown

June 2024

• Avalanche Studios – 50

• Behaviour Interactive – 95

• Gameloft Kharkiv – 41

• Timbre Games - 100 (Tencent)

• Sumo Digital – 250 (Tencent)

• Techland - Unknown (Tencent)

• VR Chat – 50

• Striking Distance – Unknown (Krafton)

• Galvanic Games – Unknown

• Pieces Interactive – 40 (Embracer Group)

• Paradox Tectonic – 24

• Cut to Bits – 10

• Ubisoft Toronto – 33

• Gameloft Toronto – 49 (Viacom)

July 2024

• Wicked Games AG. - 15

• Lively Studio - Unknown (Keywords Studio)

• Surgent Studios – 12

• Splash Damage – Unknown

• NetherRealm Studios – 50 (WB Games)

• Rumble Games – 200 (Forte)

• Humble Games – 36  (Ziff Davis)

• Bungie – 220 (Sony)

August 2024

• Ouka Studios - Unknown (Netease)

• Jam City – 85 (Netmarble)

• Ready at Dawn – Unknown (Meta)

• Com2us – 100

• Archiact – 35

• Payload Studios – 12

• CodeName Entertainment – 6

• Ubisoft San Francisco/North Carolina – 45

• Visual Concepts South – Unknown (TakeTwo Interactive)

• Toadman Interactive – 100

September 2024

• Tilting Point – 90

• Rocksteady – Unknown

• Ballistic Moon – 18

• Lost Boys Interactive – 139 (Embracer Group)

• Xbox/Activision – 650

• Evening Star – 6

• nDreams – Unknown

• SkyBox Labs – 25 (Netease)

• Airship Syndicate – 16

• Midwinter – 35 (Behaviour Interactive)

• Merge Games – 22

• Mountaintop Studios – 22

• Nexon America – Unknown

October 2024

• XR Games – 72

• Sharkmob London – Unknown (Tencent)

• Hi-Rez – 70

• Motorsport Games – 24

• Studio Black Flag – 5

• Antstream Arcade – Unknown

• Tequila Works – Unknown (Tencent)

• Cryptic Studios – Unknown (Embracer)

• NaturalMotion – Unknown (TakeTwo Interactive)

• Riot Games – 32

• Bandai Namco – 100

• Don’t Nod – 69

• Netflix Game Studios – Unknown

• NCSoft – 500

• Firewalk Studios – 172 (Sony)

• Neon Koi – 45 (Sony)

• ProbablyMonsters – 50

• Inflexion Games – 22 (Tencent)

November 2024

• Skydance – 12 (Paramount Global)

• Payload Studios – 8

• Lilith Games – 40

• Thunderful Group – 100

• Reflector – 27 (Bandai Namco)

• Zapper Games – 18 (Embracer)

• Heart Machine – 8

• Humanoid Origin – 70

• KING Art Games – 10

• Worlds Untold – 35 (Netease)

• Cloud Imperium Games – 12

December 2024

• Ubisoft – 277

• Sweet Bandits – 18

• Torn Banner Studios – Unknown

• IllFonic – Unknown

• Deck Nine Games – Unknown

• People Can Fly Studios – 120

• Cloud Imperium Games – Unknown

• Warner Bros. Montreal – 99

• 11 Bit Studios 

• Hothead Games 

Source: obsidian