Fast Travel Games Announces Staff Reductions Amidst Challenging VR Market

Fast Travel Games has undergone a significant restructuring, resulting in the loss of 30 jobs across its publishing, marketing, and administrative departments, as well as some impact on its studio. In a LinkedIn statement, the company cited disappointing sales from its six game launches in 2024 and a more uncertain outlook for the VR gaming industry in the coming year as the primary reasons for this difficult decision. According to the statement, the redundancies were a necessary step to secure the company's long-term stability and sustainability. The company's focus is now on supporting affected employees during this challenging period. The CEO, Oskar Burman, expressed his gratitude for the contributions of the departing staff and reiterated the company's commitment to continuing the development and launch of exceptional games. Burman also shared his sadness about parting ways with talented employees and offered to facilitate introductions for impacted staff looking for new opportunities. This round of job cuts is part of a larger trend in the gaming industry, with several companies announcing closures or redundancies in recent months, including Freejam, Splash Damage, Piranha Games, Jar of Sparks, and Ubisoft.