…brand was transferred to Tencent-backed Vantage Studios . Codename Hexe's creative director, Clint Hocking, left Ubisoft in February following the company's restructuring plan . Jean Guesdon, head of content for the…
…a restructuring program after a $2 billion investment from Saudi Arabia's Savvy Games Group did not materialize. This led to thousands of layoffs, project cancellations, and the closure of several studios.
…Yesterday, the Farnborough-based studio announced restructuring, which will include "significant" staff reductions and the closure of two studios. Elsewhere, four industry veterans were inducted into the UK Games Industry Hall of…
…This decision led to the closure of three VR studios : Twisted Pixel Games, Sanzaru Games, and Armature Studio. The VR and AR division employs about 15,000 staff. During this year's…
…In March, Nacon began a court-supervised reorganisation to address debt and restructure. Shortly after, four subsidiaries – Spiders, Kylotonn, Cyanice, and Nacon Tech – filed for insolvency . STJV noted that 71 workers have…
…In 2025, not a single new launch in the top 15 by revenue in Tier-1 Western markets came from a Western studio. Chinese games earned $20.5 billion in overseas markets…
…The leadership team, studios, products, and development plans remain unchanged. The company confirmed the transition will not involve restructuring or layoffs. The organisational structure remains the same with headquarters in Vatnsmýrin, Iceland…
…Games, Sanzaru Games, and Armature Studio . Recent reports indicate Meta made additional cuts, eliminating 700 roles across several divisions , including Reality Labs. "Teams across Meta regularly restructure or implement changes to ensure…
Take-Two Interactive has reportedly eliminated its entire AI team as part of restructuring. The company's former head of AI Luke Dicken shared on LinkedIn that his time with the parent…
…The studio is developing two new titles: DokeV, currently in pre-production, and Plan 8, in the conceptualisation stage. Pearl Abyss aims to release new titles every two to three years. Last…