Mass layoffs happen for all kinds of reasons, be it because of a bad financial bet, a failed game, a deal falling through, poor planning, or any number of other things. But when they do, human beings find their lives upended in response.
I think at least part of it was the COVID games boom which led to many companies over-hiring, which seems to have proved unsustainable now that the bubble period is over.
I think at least part of it was the COVID games boom which led to many companies over-hiring, which seems to have proved unsustainable now that the bubble period is over.