The publisher is withdrawing confidence in its own studios and will focus on third-party publishing.
2024 has been a fantastic year for game releases, but when it comes to job security for those who create the wonderful stories enjoyed by millions around the world, it has been the worst in history. According to Game Industry Layoffs, the rough tally so far in 2024 brings the number of video game workers who have lost their jobs this year to more than 13,000. And the list will continue to grow.
Two days ago we learned of Tequila Works‘ announcement of bankruptcy, which presumably has led to the entire team losing their jobs, and now Thunderful Group, editor and publisher responsible for series like Steamworld, is also in trouble.
