Over the past two years, the games industry has faced a wave of mass layoffs. A recent article by Katya Sabriova, Head of Communications at Values Value and CEO of InGame Job, published by GamesIndustry.biz, dives into this critical topic, exploring how these layoffs have shaped the job market, impacted professionals, and influenced the industry as a whole.
Here are some key takeaways from the article:
- Thousands of professionals lost their jobs due to downsizing at major companies.
- Some successfully transitioned to new roles in the industry, while others had to leave it entirely.
- Localization, QA, and production roles appear to be among the most at-risk professions.
These findings align closely with the data from our own Big Games Industry Employment Survey 2024. For example, 15% of respondents have already experienced layoffs, and 10% have left the industry to pursue opportunities in other fields.
What’s next?
As we navigate these challenges, it’s clear that companies must prioritize sustainable hiring practices and retention strategies. There’s also a growing need to invest in employee development and provide support for navigating career transitions.
You can read Katya’s full article here: What impact have layoffs had on the games industry over the past two years?
