Digital Bros to Downsize Workforce by 30%

Digital Bros Group, a prominent game development, publishing, and distribution company, has revealed plans to reduce its global workforce by 30%. The company is known for its work on notable titles such as Puzzle Quest 3, Gunfire Reborn, and Miasma Chronicles. This decision was disclosed in a recent organizational review. According to the company, "To prioritize high-quality, long-standing successful titles, we have reassessed our project portfolio and will adjust our organizational structure to ensure maximum operational efficiency in a rapidly evolving competitive landscape." The restructuring program is anticipated to result in a workforce reduction of approximately 30%, primarily affecting staff within the studios. Management noted that the restructuring program will not significantly impact the profit and loss statement for the fiscal year 2023-2024, as the reduced payroll costs will offset the restructuring expenses. Digital Bros joins a list of companies, including Amazon, Unity, Digital Extremes, and Ubisoft, that have announced layoffs in the video game industry within the past week. In October, reports indicated that the gaming sector had experienced an estimated 6000 job cuts.