Less than a day after the news that Take-Two Interactive would acquire Borderlands developer Gearbox Entertainment from the embattled Embracer Group, layoffs have already begun. In the hours since former Gearbox employees were made redundant, they've taken to Twitter, and while the total number of staff impacted remains hard to determine, it sounds significant.
Silent Hill and Metal Gear Solid publisher Konami has reported record profits this year, driven largely by its video games and amusements.
From Software parent company Kadokawa has released its financials for the year, and while profits are down, Armored Core has performed surprisingly well.
The full Skewedcast crew back for this episode and Gareth, Justin, Michael, and JoeyZ at Skewed and Reviewed break down the latest entertainment news qith a focus at 40:00 on the Microsoft Studio Closures and how it impacts the game community and what can be done to help offset this negative trend.
I am glad to see Gearbox under Take Two. But lay offs I am not surprised they aren't the only company cutting staff and they won't be the last. And I have a feeling the Borderlands movie honestly will tank when it comes out. The cast is just wow a complete mess Lilith is too old Roland is to small and scrawny. They are missing Brick and Mordecai and I don't think Tiny Tina will be as bat shit nuts as she is in the games.
Pfft, literally said yesterday how it must be nerve wracking for the devs and then this shite. People aren't looking to get fired, and these companies don't care in the slightest.
Inflation post 1/20/2020 is really causing pain to everyone. The cherry on top was companies waiting post 11/8/2022 to start doing layoffs. Hmm, I wonder why they waited past that date... Staring with Google in January 2023 and everyone following suit there after.
Companies that over-hire should be fined heavily and the CEO loses his/her bonus during layoffs, and that money can go to the workers that they laid off.
I hope Pitchford got let go for the sake of employee safty. The man is a walking grease fire waiting to happen.