The latest firm to make cuts to the gaming industry is Amazon which has made 180 cuts to roles and is in the process of a restructuring.
Amazon, the internet giant that owns the popular streaming platform Twitch has also decided to shut down their channel from Twitch after they failed to gain an interest and popularity.
These cuts by Amazon are the latest made within the gaming industry in 2023, so far in 2023 we have seen almost 6.500 job losses despite 2023 seeing a release of hit games from popular franchises such as Spider-Man, Mario and Zelda.
Game companies including Assassin's Creed Developer Ubisoft Montreal, Pokemon Go creator Niantic and Fortnite developer, Epic Games have all announced cuts to their employees.
Amazon Games which was founded in 2012 initially happened to make mobile games for devices. They later branched out to create bigger titles such as New World and Lost Ark which were found to be super popular after release.
Amazon announced in 2022 that it would publish a new single-player game based on the iconic Tomb Raider franchise. They also stated in May of 2023 that they were developing a game based on Lord of the Rings.
The cuts by Amazon were made and they emailed staff telling them that the cuts were due to a restructuring effort. The email written by Amazon Games Vice President Christoph Hartmann was as follows:
It was also stated that Amazon is also recruiting for other open positions in its gaming division.
The job losses and cuts that we have seen which are quite high in 2023 seem to be the result of the mass hiring that happened in 2020 during the start of the pandemic.
Quoted by Christopher Dring, head of the gaming news site GamesIndustry.Biz
As much as these cuts are quite high and we are seeing a lot of employees from different companies losing their jobs, it is something that seems to be needed to ensure that businesses are still able to function without losing money.
Hopefully, things will start to settle soon and we see fewer cuts and no more worry about losing jobs suddenly.
Amazon, the internet giant that owns the popular streaming platform Twitch has also decided to shut down their channel from Twitch after they failed to gain an interest and popularity.
These cuts by Amazon are the latest made within the gaming industry in 2023, so far in 2023 we have seen almost 6.500 job losses despite 2023 seeing a release of hit games from popular franchises such as Spider-Man, Mario and Zelda.
Game companies including Assassin's Creed Developer Ubisoft Montreal, Pokemon Go creator Niantic and Fortnite developer, Epic Games have all announced cuts to their employees.
Amazon Games which was founded in 2012 initially happened to make mobile games for devices. They later branched out to create bigger titles such as New World and Lost Ark which were found to be super popular after release.
Amazon announced in 2022 that it would publish a new single-player game based on the iconic Tomb Raider franchise. They also stated in May of 2023 that they were developing a game based on Lord of the Rings.
The cuts by Amazon were made and they emailed staff telling them that the cuts were due to a restructuring effort. The email written by Amazon Games Vice President Christoph Hartmann was as follows:
It was also stated that Amazon is also recruiting for other open positions in its gaming division.
The job losses and cuts that we have seen which are quite high in 2023 seem to be the result of the mass hiring that happened in 2020 during the start of the pandemic.
Quoted by Christopher Dring, head of the gaming news site GamesIndustry.Biz
As much as these cuts are quite high and we are seeing a lot of employees from different companies losing their jobs, it is something that seems to be needed to ensure that businesses are still able to function without losing money.
Hopefully, things will start to settle soon and we see fewer cuts and no more worry about losing jobs suddenly.
