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Poland's biggest video games producer CD Projekt said on Wednesday it plans to lay off about 9% of personnel in its CD Projekt RED development studio, maker of Cyberpunk 2077 and "The Witcher" saga. "There is no easy way to say this, but today we are overstaffed. We have talented people onboard ... based on our current and expected project needs - we already know we don't have other opportunities for them in the next year," CEO Adam Kicinski was cited as saying in a statement to media.

Poland's biggest video games producer CD Projekt said on Wednesday it plans to lay off about 9% of personnel in its CD Projekt RED development studio, maker of Cyberpunk 2077 and "The Witcher" saga. J.P. Morgan called the move "understandable" but added that the "timing could be better". Phantom Liberty is the first and only expansion to company's Cyberpunk 2077 which is due to premier in late September.

CD Projekt RED, the Polish game developer behind hits like Cyberpunk 2077, plans to lay off 9% of its workforce for creating more agile teams and managing employee burnout.

Since launching in 2022, PlanetPlay has gained over 100,000 users on its climate-conscious platform. The nonprofit is excited about this milestone...

Ten Square Games said on Monday it plans to cut its workforce by 25%, or about 120 people, by the end of April and suspend two major projects, blaming a challenging economy and an unstable mobile games market.