A trio of game developers have announced layoffs, adding to the chaos that is the gaming industry. New World Interactive, the developer behind the Insurgency series and Day of Infamy, among others, has laid off an unreported number of employees. Parent company Saber Interactive says work will continue on Insurgency: Sandstorm. Even Saber Interactive, owned by Embracer Group, has had a rough year, cancelling multiple projects.
Indie publishing stalwart Tinybuild also announced a round of layoffs, citing cost restructuring, though the number of affected employees is unknown. Some blame has been placed on subsidiary Versus Evil, which delayed several titles into 2024, impacting revenue. Tinybuild has published notable games like Graveyard Keeper, Party Hard, Potion Craft, Mr. Shifty and many more.
The renowned racing game developer Codemasters, which was acquired by EA for $1.2 billion in 2021, has also issued layoffs, without disclosing the number of affected workers. An EA spokesperson mentioned “small-scale organizational changes that align our teams and resources to meet evolving business needs and priorities.”
These layoffs are just the latest bit of bad news for the games industry, following similar events at Ubisoft Montreal and Epic Games. The gaming industry has seen its fair share of layoffs in recent years, including those at CD Projekt Red in the first half of the year, among others.
