Browsing: layoffs

Psychonauts developer Double Fine Productions was among the five studios spun off from Xbox as part of its ongoing restructuring, and while it (thankfully) avoided closure, the divorce has forced the team to make cuts. Specifically, the studio has announced the departures of 23 staff members.

On July 6, Microsoft leadership announced a new wave of mass layoffs within Xbox, this time affecting 1600 full-time employees, as well as numerous contractors, with another 1600 expected through the company’s 2027 fiscal year. This round of layoffs not only saw the decimation of studios like id Software; it also targeted many who worked…

In a grim week for the games industry where Microsoft laid off 1,600 people (with 1,600 further job cuts hanging over the heads of Xbox employees) one decision stood out as especially egregious. Id Software, developer of Doom and Quake, was forced to lay off 136 people – more than half of its workforce.

Xbox’s planned 3,200 layoffs by July 2027 are already easily the biggest round of layoffs the industry has ever seen if taken at mere face value, but Bloomberg’s Jason Schreier argues that’s just the proverbial tip of the iceberg

Centuries of collective game development experience discarded in minutes. That’s how the fifth round of mass layoffs at Xbox since 2023 unfolded, according to those impacted by the cuts

That was how game developer Morgan Goin felt when she found out she was being laid off from her job at Xbox-owned ZeniMax Online Studios (ZOS) last week

Last week’s sweeping Xbox layoffs have affected The Elder Scrolls Online studio ZeniMax Online, a studio that had already faced cuts a year ago. This has reignited fears amongst the community that the game is being moved into ‘maintenance mode’, in which no substantial new adventures or updates will be developed for it

Federal Reserve Board of Governors member Stephen Miran discusses the correlation between housing prices and immigration, possible future rate cuts and more on ‘The Story.’

We chat with Mike Futter from the Virtual Economy Podcast about Microsoft’s sad Xbox trajectory

Autumn Mitchell has been an avid gamer since she was gifted a Super Nintendo at 5 years old