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GamesIndustry.Biz: Downsizing of Ukrainian games market continued in 2023 after Russia invasion

By 26.12.2023Blog

GamesIndustry.Biz: Downsizing of Ukrainian games market continued in 2023 after Russia invasion

A new report says that the game industry in Ukraine has seen shifts in its workforce and operational structures.

According to Values Value, during Q1 and Q2, difficulties in securing new business contracts for the sector have resulted in redundancies.

“Market reports indicate that these downsizing trends began to intensify in the spring of 2023. Additionally, voluntary resignations have occurred due to prolonged periods of inactivity or dissatisfaction with the quality of new projects,” said the report.

Projects alongside hiring have come to a halt as well.

Due to the changing economic landscape, Ukrainian firms have opened 17 studios aboard, as some closed in Ukraine.

Recruitment Expert

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