#2024 layoffs

[iww-gnv]

The entire game industry is still reeling from yesterday's bombshell announcement that Microsoft—hot on the heels of its $69 billion acquisition of Activision—would be laying off 1,900 employees across Activision-Blizzard and Xbox. Inevitably, Twitter is awash with reactions highlighting the human cost, both from dazed devs waking up in a world in which they no longer have jobs, and from others wondering what this all means for the months and years ahead. The posts by former Blizzard devs are too many to count. "After years of applying," wrote former QA learning specialist Cole McElwain in a much-retweeted post, "I finally secure a job at Blizzard. I move to California and am welcomed with an incredible team. I couldn't be more excited to start… "Four months into the job, I'm laid off. What the hell, Microsoft?"

[battleangel]

Suicides are up & noone is reporting this.

Most of the job postings on job boards are fake.

CAPITALISM IS A FUCKING DEATH CULT!

[wutbju]

The details will be forthcoming as they come in.

[delusionaldoxie2]

Do people really believe that 254,000 jobs were created in Sept 2024? When companies are laying off, removing employees every week, month in the Biden/ Kamala administration?

https://dachsiedawg1.substack.com/p/1-corrupt-news-media-says-254000?r=30cc7a 1. Corrupt News media -SAYS- 254,000 jobs created in Sept 2024 YET… 2.Mass layoffs 8-24-24. 3. 14 companies laying off thousands of workers 4. Hiring Freezes, Largest layoffs  PROFESSORJJ OCT 06, 2024 ****Hard to believe NY Times All liberal News media when there were constant layoffs, dismissal, removing employees…

[blogeternal]

Optum Layoffs - Latest News and the Impact on Employees

Optum, a leading health services company under UnitedHealth Group, has announced significant Optum layoffs in 2024 due to financial pressures, shifts in service demand, and organizational restructuring. More than 500 employees in California and an additional 160 in New Jersey are affected. While the layoffs create emotional and financial challenges for impacted employees, those remaining may find opportunities for career growth as the company navigates changes in the healthcare sector, driven by market demands and technological advancements.

[jcmarchi]

Tales Of Kenzera: Zau Developer Surgent Studios Announces Layoffs

New Post has been published on https://thedigitalinsider.com/tales-of-kenzera-zau-developer-surgent-studios-announces-layoffs/

Tales Of Kenzera: Zau Developer Surgent Studios Announces Layoffs

Surgent Studios, the developer behind Tales of Kenzera: Zau, has announced it is laying off just over a dozen employees. This follows the release of its first game, Tales of Kenzera: Zau, back in April, which launched to good reviews. 

Surgent doesn’t explain why; it says it’s focusing on supporting those affected, continuing work on Tales of Kenzera: Zau, and looking ahead to future projects. 

Here’s the studio’s statement, in full: 

“Unfortunately, Surgent has joined the growing number of games studios impacted by layoffs this year with just over a dozen people affected. It’s a difficult time in the games industry, but we remain incredibly proud of our entire team’s work on Zau, and of the praise it has received from critics and players alike. Our focus now is on supporting those affected, continuing our work on Zau, and looking to the future with our next creative projects.” 

Studio head and founder Abubakar Salim, who also voiced the titular Zau in the team’s first game, released his own statement addressing the layoffs: 

“Thank you so much to those who have checked in. This hurts deeply. This isn’t the news I wanted to share today. I am so proud of what that team have achieved over the course of these 4 years. When things got tough, every one of them stood so strong, it was inspiring. So to be delivering this news today really sucks. I know we’re not alone here, but that doesn’t make it easier. 

“The focus now is to continue supporting those affected in anyway we can. I will be replying to this with links to posts from our affected team members. If you have any opportunities available or know of any going, please consider these incredible talented people.” 

Surgent Studios grows an unfortunately ever-growing list of studios affected by layoffs in 2024. 

Last month, Paradox Interactive closed its Paradox Tectonic Studio the same week it canceled its first game, Life by You. Earlier that month, Dead by Daylight developer Behaviour Interactive laid off 95 employees. Fae Farm and Dauntless developer Phoenix Labs laid off the majority of its staff and canceled its in-development games back in May, and that same week, Square Enix announced it will begin layoffs as part of “structural reforms.” 

In May, Xbox closed four Bethesda studios, including Hi-Fi Rush developer Tango Gameworks and Redfall studio Arkane Austin. Take-Two Interactive closed Rollerdrome studio Roll7 and Kerbal Space Program 2 studio Intercept Games alongside major layoffs to its indie-publisher Private Division label. That same week, we learned Deliver Us Mars developer Keoken Interactive had laid off nearly its entire staff. 

Elsewhere in the year, EA laid off roughly 670 employees across all departments, resulting in the cancellation of Respawn’s Star Wars FPS game. PlayStation laid off 900 employees across Insomniac, Naughty Dog, Guerrilla, and more, closing down London Studio in the process, too. The day before, Until Dawn developer Supermassive Games announced it laid off 90 employees. 

At the end of January, we learned Embracer Group had canceled a new Deus Ex game in development at Eidos-Montréal and laid off 97 employees in the process. Also in January, Destroy All Humans remake developer Black Forest Games reportedly laid off 50 employees and Microsoft announced it was laying off 1,900 employees across its Xbox, Activision Blizzard, and ZeniMax teams, as well. Outriders studio People Can Fly laid off more than 30 employees in January, and League of Legends company Riot Games laid off 530 employees. 

Lords of the Fallen Publisher CI Games laid off 10 percent of its staff, Unity will lay off 1,800 people by the end of March, and Twitch laid off 500 employees. 

We also learned that Discord had laid off 170 employees, that layoffs happened at PTW, a support studio that’s worked with companies like Blizzard and Capcom, and that SteamWorld Build company, Thunderful Group, let go of roughly 100 people. Dead by Daylight developer Behaviour Interactive also reportedly laid off 45 people, too. 

The hearts of the Game Informer staff are with everyone who’s been affected by layoffs or closures. 

[devsgames]

Just this week in games:

- EA laid off 700 workers

- Sony laid of 900 workers

- Rockstar announces in-person work mandates for all employees (a 'soft layoff' that will force some staff to quit, which likely means that actual layoffs are forthcoming)

In 2023 6,000 games workers were laid off. Now in 2024 over 10,000 workers have been laid off, and there's still 10 months to go.

Not to be hyperbolic, but I think this is perhaps the worst year for video games ever if we're measuring by number of layoffs.

[thellawtoknow]

IT Job Layoffs from 2019 to 2024

Analyzing IT Job Layoffs from 2019 to 2024: Trends, Sectors, and Company InsightsAnnual Breakdown of IT Job Layoffs from 2019 to 2024:Projected Data for 2024:Sector-Specific Trends:Company-Specific Trends:Sector-Specific TrendsCompany-Specific TrendsPercentage and Tendencies:Visualizing the Trends1. Employment Contracts and Agreements2. Labor Laws and Worker Rights3. Severance Agreements4.…

[welkinalauda]

Scheduled all the things.

Found out what my nephew wants for his birthday.

[iww-gnv]

On Thursday morning, before my first sip of coffee, the alerts started flooding my phone. My employer, Microsoft, was laying off 1,900 workers and it was all over the news. I work at the video game company ZeniMax, which was acquired in 2021 by Microsoft, so I felt a familiar, sickening feeling start to take hold. But I can’t say it came as a surprise. So many people in our industry have lost their jobs this way recently. In 2023, at least 6,500 video game workers were laid off (unofficial trackers have that number much higher). And even before this latest round, 2024 hadn’t shown any sign of improvement. The video game industry is huge. It was bigger than the movie and music industries combined following the 2020 pandemic surge, and while it has dropped a bit since then, it remains a multibillion-dollar industry. However, it’s still relatively young and lacks a history of successful worker organizing.

[aeoexpert]

Enjoy the vibes?

Tech Vibes: Decoding the Layoff Trend in 2024

Remember the heady days of 2021, when tech giants threw around terms like "unicorn" and "moonshot" with reckless abandon? The champagne flowed, valuations soared, and everyone seemed convinced that tech's growth trajectory was a straight line to infinity. Well, fasten your seatbelts, folks, because 2024 has a different vibe.

That's right, the tech sector is no stranger to boom-and-bust cycles, and the pendulum of fortune seems to be swinging back. Layoffs are making headlines, funding rounds are drying up, and the once-unshakeable confidence of Silicon Valley is looking a little… shaky. So, what's going on?

Several factors are contributing to this shift:

Rising Interest Rates: The Federal Reserve's fight against inflation has meant tightening the money tap, making it harder and more expensive for startups to secure funding. This has put the brakes on the rampant growth we saw in previous years.

Market Correction: After years of inflated valuations, investors are taking a more cautious approach. We're seeing a return to fundamentals, with a focus on profitability and sustainable business models.

Global Uncertainty: Geopolitical tensions and economic instability are adding to the overall sense of anxiety. Businesses are tightening their belts and re-evaluating their priorities, often leading to cost-cutting measures.

What does this mean for the future of tech?

Don't hit the panic button just yet. While the current climate might feel chilly, it's not a tech apocalypse. Here are some key takeaways:

Innovation will continue: The desire to solve problems and build new things is ingrained in the DNA of the tech industry. While the pace might slow, the spirit of innovation is alive and well.

Focus on fundamentals: This is a good thing. Companies that prioritize sustainability and profitability will be better positioned to weather the storm and emerge stronger.

Talent will be king: As companies become more selective, attracting and retaining top talent will be crucial. This means creating positive work environments that foster growth and development.

The "tech vibes" might be over, but that doesn't mean the story is over. This is an opportunity for the industry to mature, learn from its mistakes, and emerge stronger and more resilient than ever before. So, buckle up, tech world, the ride might get bumpy, but the future is far from bleak.

SEO STRATEGIST nearby PREDRAG PETROVIC AEO AND SEO

[ujusttry]

Google Layoffs Employees In AI Division Amidst Leadership Changes

Google's AI division faces a shakeup with layoffs. Discover the reasons, the impact on Fitbit execs, and the ripple effect in the evolving tech industry landscape of 2024.

Introduction: Google Layoffs Employees The aim of discussing “Google Layoffs Employees” is to provide a concise yet thorough understanding of recent workforce reductions at Google, particularly within its AI division. The article intends to explore the reasons behind the layoffs, highlight the broader context of reorganization, and examine the implications for both Google and the tech…

[ibroughtyoumybullets]

the dragons … they’ve aged … finally

[telestoapologist]

??? bitch? lmao?

[probablyasocialecologist]

A quarter of bosses admitted that they hoped return-to-office (RTO) mandates would lead to employees quitting, according to a new survey. Bamboo HR said that 25% of VP and C-suite executives and 18% of HR employees surveyed expected “voluntary turnover” of their employees after implementing RTO policies. That expectation isn’t totally unfounded. Twenty-eight percent of remote employees said they’d consider quitting their jobs if RTO policies occurred at their companies. But it appears fewer quit than the bosses wanted. Some executives even blamed layoffs on employees who didn’t quit after RTO policies were put in place, Bamboo said.

24 July 2024

[felassan]

Tweet reads "EA execs earned $60 million in 2024 despite layoffs and office closures CEO Andrew Wilson received almost half of that total [link]". [source]