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In the video game industry, 2023 saw significant changes within larger publishers and developers. Microsoft, after having satisfied worldwide regulatory bodies, completed its US$69 billion acquisition of Activision Blizzard, making them the third largest game publisher in the world. Embracer Group, which had been in an acquisition spree over the previous few years, had an estimated $2 billion deal fall through, causing many of the studios under Embracer to either lay off staff or close entirely. Similar layoffs were seen at Unity, Amazon, ByteDance, Epic Games, Bungie, and Ubisoft, leading to over 9,000 jobs lost in the industry in 2023 and part of a larger trend of layoffs at technology companies in 2023.[1][2][3]
- ^ McEvoy, Sophie (October 9, 2023). "Over 6,000 games industry jobs lost in 2023 so far". GamesIndustry.biz. Archived from the original on November 4, 2023. Retrieved November 4, 2023.
- ^ Carpenter, Nicole (November 21, 2023). "Video game company layoffs are creating an industry crisis". Polygon. Archived from the original on November 22, 2023. Retrieved November 22, 2023.
- ^ Ivan, Tom (December 11, 2023). "It's estimated that 9,000 games industry jobs have been lost this year". Video Games Chronicle. Archived from the original on February 6, 2024. Retrieved December 15, 2023.