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   How did video games impact the world?

   • The human impact of video games was also clear this year. These virtual worlds became essential spaces for people to connect or express themselves in ways they might not have otherwise. The industry’s growth was unprecedented during this time; a cold financial calculation would characterize this as a massive success.

   2020 was a bittersweet year for the video game industry - Polygon

   www.polygon.com/2020/12/23/22195636/2020-year-in-review-video-game-industry

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   How many video game developers have been laid off?

   • Here’s what that means for you Layoffs have unfortunately become a nearly nonstop occurrence in the video game industry over the past year. In 2023, over 10,000 workers at game studios lost their jobs, according to data from Game Industry Layoffs. In January 2024 alone, Kotaku reports that over 6,000 developers have already been laid off.

   What the video game industry's layoff wave means for you - Digital Tre…

   www.digitaltrends.com/gaming/game-developer-layoffs-january-2024/

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   What happened to video games?

   • They all discovered video games or rediscovered video games. Game sales exploded for everyone." Investment poured into the industry. "Everyone was either getting bought or they were going public or they were expanding beyond their means," Rose remembers.

   2023 was the perfect storm of excellence and disaster for the game ind…

   www.axios.com/2023/12/04/2023-video-game-industry

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   Is the video games industry slowing down?

   • The $200bn video games industry is reckoning with its biggest slowdown in 30 years, as the huge growth driven by smartphone gaming and the latest generation of consoles reaches its limits. Hardware sales are slowing, with Sony cutting its forecast for PlayStation 5 sales this week.

   Game over? Industry suffers slowdown after decades ... - Financial Times

   www.ft.com/content/cc6bd66c-6341-4367-85cc-86d274102378

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2. www.ft.com › content › cc6bd66c-6341/4367/85cc-86dGame over? Industry suffers slowdown after decades-long ...

   www.ft.com › content › cc6bd66c-6341/4367/85cc-86d

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   Feb 17, 2024 · Many in the gaming industry expected it to bounce back quickly after 2022’s post-pandemic decline, but last year did not deliver the growth they hoped for. The latest quarterly numbers from...

3. theconversation.com › the-video-game-industry-isThe video game industry is booming. Why are there so many ...

   theconversation.com › the-video-game-industry-is

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   Feb 11, 2024 · Published: February 11, 2024 8:51am EST. The video game industry had a banner year in 2023, with critically acclaimed blockbuster titles selling millions of copies. Yet, it was also a year of...

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5. www.axios.com › 2023/12/04 › 2023-video-game-industry2023 was the perfect storm of excellence and disaster for the ...

   www.axios.com › 2023/12/04 › 2023-video-game-industry

   • Cached

   Dec 4, 2023 · 2023 will go down as a year of much pleasure and much pain, as great games mixed with great upheaval in the industry, both foreseeable byproducts of gaming's explosive success during the height of the COVID-19 pandemic, industry leaders tell Axios.

6. www.polygon.com › 2020/12/23 › 221956362020 was a bittersweet year for the video game industry - Polygon

   www.polygon.com › 2020/12/23 › 22195636

   Dec 23, 2020 · 2020 was a bittersweet year for the video game industry - Polygon. PlayStation. What did 2020 mean for the games industry? A cold financial calculation would characterize this year as a massive...

7. www.gamesindustry.biz › what-the-hell-is-going-onWhat the hell is going on with video games? | Analysis

   www.gamesindustry.biz › what-the-hell-is-going-on

   • Cached

   Oct 31, 2023 · There's been a reported 6,000 jobs lost in 2023 so far. We've seen Ubisoft cancel games and restructure the business, Volition close down, Epic cut more than 800 staff, and redundancies at Bungie...

   • Author: Christopher Dring

   • Occupation: Head of Games B2B

8. www.digitaltrends.com › gaming › game-developerWhat the video game industry's layoff wave means for you ...

   www.digitaltrends.com › gaming › game-developer

   • Cached

   Feb 2, 2024 · Blizzard Entertainment. Layoffs have unfortunately become a nearly nonstop occurrence in the video game industry over the past year. In 2023, over 10,000 workers at game studios lost their...

9. www.wired.com › story › the-video-game-industry-isMass Layoffs Are Causing Big Problems in the Video Games Industry

   www.wired.com › story › the-video-game-industry-is

   Jan 18, 2024 · Jan 18, 2024 12:01 PM. Mass Layoffs Are Causing Big Problems in the Video Games Industry. More than one-third of video game developers were impacted by layoffs in 2023, according to a new survey....