2700+ Layoffs Already Confirmed 2 Weeks Into 2024

Expert Verified By

2024 Might Be Even Worse For Gaming Layoffs!

Story Highlights
  • Numerous layoffs and studio closures happened in 2023.
  • This trend has shown no signs of stopping, with 2024 bringing 2700 layoffs in less than two weeks.
  • Twitch, Discord, Unity Software, and Playtika contributed the most to the layoff count.

While 2023 was a great year for gaming, the other end of the industry had it quite bad. Nearly 30 game studios were shut down last year, highlighting a grim outlook for this beloved industry.

Developers like Naughty Dog, Bungie, and more had it rough. Epic Games alone laid off nearly 1000 developers, with many hoping the near year would mark an end to this trend. However, as noted by Kotaku, over 2,700 layoffs have already been confirmed for 2024.

Why it matters: We are just two weeks into the new year, but layoffs are already in full force across various developers, setting a terrifying precedent for the industry.

Unity Software has the biggest layoff count in 2024 so far.

The studio confirmed it would let go of 1800 people in 2024, which is reportedly the largest round of layoffs in the company’s history. It had already planned to cut off 25% of its staff, so hopefully, we won’t be seeing more layoffs from it.

Surprisingly, Twitch also laid off a massive number of employees. The platform laid off many employees last year twice, and it has done the same thing again. Twitch is reducing its employee count by about 500, cutting its staff by nearly 35% this month.

Like Twitch, Discord is making major layoffs. The platform has already decided to lay off 17% of its total staff, which rounds up to 170 employees. Discord has been growing quickly, so it was surprising to see this many layoffs from the platform.

At the time of layoffs, Discord employees were told:

“Today, we are increasingly clear on the need to sharpen our focus and improve the way we work together to bring more agility to our organization.”

Additionally, up to 400 employees were laid off from Playtika. In 2022, the company laid off 900 employees. While things seemed to be headed in a positive direction, 10% of its staff is again being let go of.

A few other studios also confirmed layoffs, but these were the most notable. Altogether, at least 2,792 layoffs have been confirmed in 2024, even though the year has barely begun.

With the gaming lineup in 2024 being extremely promising, it is sad to see so many layoffs. While AAA titles will likely move ahead like last year, this is still a dangerous trajectory for the gaming industry.

We don’t see the layoffs stopping anytime soon since the economic conditions have made it tough for mega-corporations to retain talent. Still, we hope everyone who has lost their job recently can find work elsewhere in the gaming industry.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Gear Up For Latest News

Get exclusive gaming & tech news before it drops. Sign up today!

Join Our Community

Still having issues? Join the Tech4Gamers Forum for expert help and community support!

Latest News

Join Our Community

104,000FansLike
32,122FollowersFollow

Trending

Nvidia RTX 50 Super Series Not Planned For Release In Near Future, Reveal Sources

The Nvidia RTX 50 Super lineup may not show up anytime soon, with sources shunning past reports of a Q4 2025 release.

Console Revenue Expected To See The Most Growth in The Gaming Market in 2025

According to a new report, console revenue is expected to lead the way in 2025, overtaking PC and behind mobile gaming.

OEMs Call Intel’s Panther Lake “Pathetic Lake” Amid Ongoing Performance and Driver Issues

The Intel Panther Lake has serious silicon, efficiency, speed, and driver issues two months after its launch, and some OEMs are calling it "Pathetic Lake".

FSR 4 Update for PS5 Pro Expected in Q1 2026

As per a reliable insider, the long-awaited FSR update for the PS5 Pro is scheduled for a Q1 2026 release.

Borderlands 4 Crashed During A Promotional Video Amid Performance Concerns

Borderlands 4 crashes during a promo video, sparking more concerns over performance just days before release amid ongoing controversy.