… 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. …
VR developer Vertigo Games has announced the closure of its Amsterdam studio. CEO Richard Stitselaar attributed the studio's closure to the challenges facing the VR industry . …
… This is the third round of layoffs in the past year, along with the reported closure of BARB France in March. The Montpellier studio opened in 2022 . Last month, when responding to the end of BARB's publishing deal with IOI Partners , CEO Mark Gerhard said layoffs were not over . …
… HQ will act as a global allocator in terms of capital and resource, and the Core Services and the Creative Network are really the two supportive structures to help the Creative Houses to make their games." Ubisoft is in the process of making a round of layoffs and studio closures in order to make s… …
… The Barcelona layoffs were announced earlier this year, alongside the closure of Ubisoft Winnipeg and Belgrade . The company wants the Barcelona studio to be focused entirely on the Rainbow Six franchise. …
… The original spreadsheet has been updated to include a list of other developers currently seeking work , as the games industry continues to be rocked by cutbacks and studio closures. …
… Polyarc's layoffs reflect a broader trend in the VR industry. Earlier this year, Meta reduced its Reality Labs workforce by 10%, resulting in the closure of Twisted Pixel Games, Sanzaru Games, and Armature Studio . …
… Further reporting from Bloomberg suggests "several Xbox studios" are in similar crisis talks, including Double Fine and Hellblade developer Ninja Theory, as management fight to spin off the studios to avoid closure. …
… This led to thousands of layoffs, project cancellations, and the closure of several studios.
… Ubisoft also announced a final round of cost-cutting and studio closures to achieve €200 million in savings, including the closure of Ubisoft Stockholm and Ubisoft Halifax. …