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GameMakers

GameOver #7: '24 Layoffs!, "Too many games," New Halo, Epic #1 on Console, State of UGC, AI, China, Steam Breaks Records

Jan 15, 2024
Arthur Trusov and Joseph Kim discuss recent gaming industry layoffs, the overcrowded gaming market, controversy surrounding AI voice technology, Game Shark's return with AI, new console rumors, and the potential impact of China's video game industry guidelines.
01:03:26

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Quick takeaways

  • Layoffs in the gaming industry highlight the challenges faced by companies in a highly competitive and evolving industry.
  • Steam breaking its concurrent user record reflects the continued growth and popularity of gaming, particularly on the PC platform.

Deep dives

Layoffs in the gaming industry

There have been several layoffs in the gaming industry, including significant staff reductions at Unity, Twitch, Playtika, and Discord. Unity laid off 25% of its workforce, while Twitch and Playtika cut 35% and 15% respectively. Discord laid off 17% of its staff. These layoffs indicate challenges faced by companies in a highly competitive and evolving industry.

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