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Jam City Reduces Workforce by 10%
Jam City, a prominent mobile game developer, has undergone significant staff reductions. According to a company representative, around 10% of the workforce, or roughly 85 individuals, were laid off on August 2. In an email to employees, CEO Josh Yguado cited the current market conditions as the primary reason for this decision. Yguado mentioned that despite initial predictions of a gamin…
Aug. 5, 2024, 11:03 a.m.
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Silent Hill: The Short Message Surpasses 3 Million Downloads
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Aug. 5, 2024, 10:50 a.m.
News
Microsoft Establishes New Studio Within Blizzard
According to a recent report, a new studio has been established within Blizzard, comprising mainly employees from King, a mobile game development company. The report, citing sources, indicates that Microsoft and Activision have given the green light for the creation of this new team, which will focus on developing AA games based on existing Blizzard franchises, such as World of Warcraft, Overwatc…
Aug. 5, 2024, 9:59 a.m.
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GameStop Ceases Operations of Game Informer
After 33 years of publication, Game Informer has ceased operations. According to a report by Kotaku, a meeting was held on Friday, August 2, where staff members were informed of the closure by GameStop, the parent company, and told that the entire team would be laid off with severance packages provided. On the same day, GameStop released a statement on social media announcing the shutdown of the …
Aug. 5, 2024, 8:40 a.m.
News
US Gaming Market Sees 5% Decline in June
June saw Elden Ring reclaim its position as the best-selling game in the US, according to Circana's latest charts, thanks to the release of its Shadow of the Erdtree DLC. The game dominated sales across PlayStation, Xbox, and Steam, marking its first time at the top since May 2022. Elden Ring was also the most played game on Steam, while Fortnite led on Xbox Series X|S and PlayStation 5. The mont…
Aug. 2, 2024, 2:59 p.m.
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Prison Architect 2 Release Delayed Indefinitely by Paradox Interactive
Paradox Interactive has announced an indefinite delay for Prison Architect 2, which was initially slated for release in September. The decision was made following internal reviews and beta testing, which highlighted areas needing improvement to ensure a satisfactory player experience. The development team cited the need to enhance performance and content, stating that they cannot confirm a new re…
Aug. 2, 2024, 1:49 p.m.
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Pokémon Scarlet and Violet Achieve 25 Million Units Sold
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Aug. 2, 2024, 12:35 p.m.
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Intel to Cut Around 15,000 Jobs Globally
Intel has unveiled plans to downsize its global workforce by approximately 15,000 employees as part of a broader strategy to trim costs by $10 billion. The move, outlined in the company's Q2 2024 financial report, is intended to 'right-size and refocus' the organization. Most of the layoffs are expected to be finalized by the end of 2024. In a memo to staff, CEO Pat Gelsinger acknowledged the sig…
Aug. 2, 2024, 10:33 a.m.
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Nintendo's Q1 Profits Plummet 55% as Switch Console Nears End of Lifecycle
Nintendo has reported a substantial decline in sales and net profit for the first quarter of FY2025, marking the eighth year since the release of the Nintendo Switch console. The company saw declines across all segments, attributing this to a relatively quiet Q1 2025 release schedule compared to the same period last year, which saw the launch of The Legend of Zelda: Tears of the Kingdom. For the …
Aug. 2, 2024, 9:53 a.m.
News
Armor Games Studios Experiences Significant Publishing Team Reduction
A significant number of staff members from Armor Games Studios' publishing team have been let go, although the exact number is unknown. The news has been confirmed by several former colleagues through their social media and LinkedIn profiles. Ariana Perry, a former marketing manager, expressed her gratitude for the experience and colleagues she had while working at Armor Games Studios. Senior pro…
Aug. 1, 2024, 11:05 p.m.