Ubisoft's Toronto studio has laid off 33 employees. The company explains the reorganization and its impact. Industry experts discuss the layoff trend and its causes.
Most of Gameloft Toronto studio's employees laid off, with about 49 affected. The game <i>Disney Dream Kingdom</i> to be shifted, and the studio had earlier layoffs. Gameloft says it's due to market conditions.
Meta, the parent company of Facebook, reorganizes RealityLabs, focuses on AR and metaverse, with layoffs and plans for future AR glasses.learn more here.
EA's executive compensation in fiscal year 2024 disclosed, with the total income exceeding 60 million US dollars while layoffs and studio closures. Andrew Wilson has the highest income and details are provided.
FromSoftware's president Miyazaki says no to layoffs. Despite industry trends, the studio has succeeded and is expanding. Capcom also opts for salary hikes. Learn more.
GAC Aion addresses false rumors of layoffs and cancellations with fresh graduates, reports on May sales and new model announcements. (less than 150 characters)
Behaviour Interactive plans to lay off up to 95 people. Focus on horror games. Most successful IP is Dead by Daylight. Released in 2016, 60 million players in 2022.
Google's cloud computing department has a large number of layoffs, affecting the Asia-Pacific region and multiple teams, with the total number yet to be determined.
Great Wall Motors plans to close its European HQ in Munich, laying off 100 employees while still serving existing markets. Chinese management had issues with German partners.
TikTok plans to significantly downsize its operations and marketing teams this week, affecting a large part of about 1,000 employees. The global user operations team may be disbanded. No response from TikTok yet.
Pixar Animation Studios is set to lay off about 175 people as part of Disney's plan to cut costs and focus on streaming. Learn about the studio's recent struggles and future plans.
Tesla Korea is undergoing layoffs, dissolving a charging team, and has various policies for severance. It also canceled a charging station plan and reduced vehicle prices.
NIO is undergoing a new round of company-wide personnel optimization following the May Day holiday, affecting over 18% of its workforce. Details of the restructuring and layoffs within the Chinese automotive company.
Tesla fires Rebecca Tinucci and her 500-member team after a meeting with Elon Musk regarding the future of the Supercharger electric vehicle charging department. The move comes amidst a series of layoffs and strategic shifts at Tesla.
Tesla faces challenges as it loses a key AI engineer, Paril Jain, amidst layoffs and low morale, raising concerns about the future of its autonomous driving project.
Tesla has filed documents with the California government to lay off employees at its Palo Alto and Fremont factories, adding to the company's previously announced layoffs in the Bay Area and Texas.
Square Enix announced a new game publishing strategy focusing on multi-platform releases and also revealed plans for layoffs in its North American and European offices. The company aims to reach a wider audience and optimize its business operations.