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The video game industry flew too close to the sun in 2023

After a few years of pricey acquisitions, the video game industry came crashing back to Earth in 2023.

Montreal
Quebec
Canada
Saudi-arabia
Square-enix
Spongebob-squarepants
Microsoft
Embracer-group
Naughty-dog
Qatari
Free-radical-design
Sony

Star Trek Online and Neverwinter MMO devs Cryptic are the next Embracer-owned studio to suffer layoffs

Undisclosed number of staff lose their jobs as result of cost-cutting measures.

Jules-norcross
Chris-penny
Kelly-perry
Andre-emerson
Patrick-poage
Jesse-heinig
Ahmed-rawi
Mike-fatum
Nigel-athanasios-wilson
Bioware
Cryptic-studios
Crystal-dynamics

Embracer-owned Digic to lay off 35 employees

Hungary-based animation studio Digic has laid off 35 members of staff. As reported by Forbes Hungary, the Embracer Grou…

Hungary
Sweden
Swedish
Embracer-group
Crystal-dynamics
Forbes-hungary
Game-developer
Perfect-world-entertainment
Creed-mirage
Embracer-owned-zen-studios
Gearbox-publishing

After 5 years, a dead cult-favorite multiplayer shooter gets revived for one weekend, and I can't tell if this is game preservation heaven or hell

Five years after it was put in the grave, the free-to-play hero shooter Gigantic is back for one weekend only, and while the game's fans are thrilled to have even a brief opportunity to play it o

Embracer-group
Perfect-world-entertainment
Gigantic-throwback-event
Knockout-city
Private-server-edition

Team shooter Gigantic returns for "limited time throwback event" five years after it was shut down

The free-to-play MOBA-meets-hero-shooter game Gigantic is being revived for a "limited time throwback event". Fans of t…

Embracer-group
Gearbox-publishing
Perfect-world-entertainment
Xbox-one
Brush-mode

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