Update, April 1, 2026: Polyarc Games has confirmed to GamesIndustry.biz that 30 employees were affected by layoffs. Original story, March 31, 2026: Seattle-based VR developer Polyarc Games has announced company-wide layoffs, though the number of affected workers was not disclosed. …
… GamesIndustry.biz has contacted Iron Galaxy for clarification on the number of employees affected following this round of layoffs. "It's impossible for us to sustain the team size that we've carried this past year, even after our downsizing from last year," the company shared on LinkedIn . …
… Last month, when responding to the end of BARB's publishing deal with IOI Partners , CEO Mark Gerhard said layoffs were not over . The most recent layoffs occurred in March , which Gerhard attributed to "organised espionage and corporate sabotage" during the launch of MindsEye. …
… In a note sent to staff , CEO Tim Sweeney said Epic needed "to make major cuts to keep the company funded." "This layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing some open roles puts us in a more stable place." Sweeney clarified that the lay… …
… An Ubisoft source said the layoffs at Red Storm were part of Ubisoft's global savings plan, and that departing employees will be offered comprehensive support, including severance packages, to assist them. Ubisoft had previously made layoffs at Red Storm in July 2025 and August 2024 . …
… At this year's GDC Festival of Gaming , Meta's director of games Chris Pruett discussed how the company continues to invest in VR despite studio closures and layoffs. …
… As Eurogamer reports, the cancellation occurred shortly after layoffs last October that impacted Amazon's Games division. Jeff Gattis, Amazon's head of games, did not confirm or deny the cancellation but stated the company is developing a "new game experience" set in the Lord of the Rings universe. …
… Previous reporting suggested that the company under former CEO Pete Parsons overspent on new projects that were subsequently cancelled, while other projects like Marathon spent too long in development. …
After several years in which almost weekly reports of drastic, sweeping layoffs at one company or another have become the depressing norm, we're all fairly accustomed to the pattern in the response. …
… The only way to make something that really stands out is when a team is able to pour their time, care, and creativity into it together." Heart Machine has made three rounds of layoffs in recent memory; in 2024, the company let go an undisclosed "portion" of staff , before a second wave of redundanc… …