Tencent pulls the plug on GTA rival Last Sentinel after spending $300 million over six years
The LA studio working on the game lays off 80 employees
This $10 bundle of 100+ DRM-free games means to support laid-off game developers
The collection includes titles like A Short Hike, Eldritch, and Holedown, with more being added through August 13
Why it matters: The video game industry has seen a historic wave of layoffs in recent years, with thousands of workers impacted in the last few weeks alone. To support some of the developers affected, indie game storefront itch.io is collaborating with an industry union to sell a collection of over 100 heavily discounted games.
Samsung cuts hundreds of US jobs while AI boom sends chip profits soaring
The company is relocating its US consumer electronics headquarters from New Jersey to Texas
Over 4,500 Google workers demand layoff protections as Alphabet's value hits $4.3 trillion
"Make no mistake: this is a company that is enjoying massive, unprecedented success"
A Doom developer says Microsoft "destroyed an immense amount of value" at id Software
John Carmack is losing faith in Microsoft's stewardship
Black Flag Resynced is a smash hit, but 51 Ubisoft Barcelona developers are still being laid off
Ubisoft even canceled the studio's launch event as workers prepared to strike over the cuts
The studio behind MindsEye is flying fans in for playtests, all while laid-off workers protested outside
Another chapter in one of gaming's messiest studio meltdowns
New York hospital replaces 12 nurses with AI, prompting warnings over patient care dangers
The layoffs come only months after nurses went on strike and won protections against AI
Federal Reserve taps Xbox CEO Asha Sharma to lead jobs task force days after Microsoft laid off 3,200 people
The task force will examine AI's impact on productivity, employment, and economic growth
Microsoft is cutting 3,200 Xbox jobs and spinning off four game studios
Cutting corners: The first wave of massive layoffs that Microsoft teased several weeks ago has arrived. Most of the losses will hit the Xbox division over the next year as the company consolidates its gaming strategy. Microsoft will spin off Compulsion Games, Double Fine, Ninja Theory, and Undead Labs, while Arkane enters labor negotiations. Bethesda, ZeniMax, id Software, Activision, Obsidian, and Microsoft's accessibility team will all see deep cuts.
More companies are rehiring workers they replaced with AI after automation fails to deliver
Ford, IBM, and Commonwealth Bank are among the firms discovering that AI cannot always replace human
Bungie cuts nearly 300 jobs as Destiny 2 winds down and Marathon takes center stage
The studio is shifting resources toward projects still in early development
France's video game union is striking all summer as more than 1,000 workers lose their jobs
"This crisis was avoidable, but our bosses chose to drive blindly towards disaster"
Oracle cuts 21,000 jobs, admits AI is reducing its workforce
The AI jobs apocalypse may not be here, but the cuts keep coming
Xbox is closing Ninja Theory and Double Fine, and Compulsion may not be far behind
Microsoft's 100-day Xbox reset may bring more layoffs and studio closures
Ubisoft to cut 380 jobs and shut down studios in Canada and Serbia, report claims
The company also moved more than 100 developers from Rainbow Six Siege to other projects
Xbox is planning major layoffs and hinting at "radically different" console business model
Microsoft's gaming division spent $20 billion in five years and lost $500 million in revenue
The AI boomerang effect: more data suggests employers are reversing AI layoffs
Studies find up to 50% of companies that replaced workers with AI are rehiring or expressing regret
Connecting the dots: Generative AI has been blamed for hundreds of thousands of layoffs over the past year, but evidence that companies moved too quickly to automate white-collar jobs is steadily mounting. Multiple recent studies suggest that many employers are refilling recently eliminated positions after overestimating AI's productivity gains and cost savings.
A top economist says there's "zero evidence" AI is killing jobs, despite thousands of actual layoffs
Apollo's Torsten Sløk argues the AI boom is boosting employment
Wix lays off 1,000 workers as the AI jobs apocalypse keeps looking very real
Sam Altman said the AI jobs apocalypse had not arrived (yet?)
Sam Altman is "delighted" his AI jobs apocalypse prediction was wrong
Was it?
A hot potato: OpenAI boss Sam Altman says he is delighted that the AI-caused jobs apocalypse he predicted has not come to pass – news that's unlikely to reassure anyone who's lost their job because of AI. It appears that the CEO's taking the view that although things are pretty bad, they're really not as bad as he expected.
99% of executives expect AI to trigger layoffs within two years, survey finds
Report also finds employee "thriving" has collapsed from 66% to 44% since 2024
Tech layoffs have already passed 100,000 in 2026 as the industry cuts jobs to fund AI
Meta, Cisco, Intuit, and PayPal lead a wave – 2026 is shaping up to be brutal