Financial woes in the video game industry - eviltoast
  • 0x1C3B00DA@kbin.social
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    9 months ago

    I don’t think there are actual financial woes in the industry right now and its not experiencing a contraction. There are layoffs happening all across the economy and most of the companies implementing layoffs are reporting record profits. I think companies are just using the moment to get rid of ppl to boosts their bottom line.

    Hopefully, a lot of the laid off game developers will join existing indie studios or start their own. I really hope they don’t wait around until the next boom in this stupid boom-and-bust cycle and join back up with some corporation. Maybe if enough go to indies, the industry can transition to a focus on smaller, more creative games and the big players will struggle to find talent.