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505 Games parent company Digital Bros laying off 30% of global workforce

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Digital Bros, the parent company of 505 Games and a number of other gaming subsidiaries, has announced an “organisation…
Digital Bros, the parent company of 505 Games and a number of other gaming subsidiaries, has announced an “organisational review” that’ll see it lay off approximately 30% of its workforce.
As per its own recent figures, Digital Bros currently employs 442 people across the company, meaning its newly announced layoffs will likely impact around 130 workers.
The company says it’s making the cuts after reviewing projects across its development studios and publishing units – which include 505, Assetto Corsa developer Kunos Simulazioni, Puzzle Quest studio Infinity Plus Two, and Terraria mobile developer DR Studios – in order to “align with the evolving competitive environment [and] ensure maximum operational efficiency.

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