One in 10 Video Game Developers Were Laid Off in 2024, GDC Report Finds

variety.com:

Jennifer Maas TV Business Writer Following 2024’s massive wave of layoffs across the video game industry, one in 10 developers say they were among those cut from AAA studios and indie outlets alike.

According to the the Game Developers Conference‘s newly released “2025 State of the Game Industry” report, 11% of the 3,000 developers surveyed say they were laid off over the past 12 months.

Overall, 41% of game developers were impacted by layoffs this year, either by being laid off themselves or having cuts affect their teams, which is up from 35% the prior year.

58% of respondents expressed “some level of concern” more reductions are still to come this year. Per the survey, “The top reason companies have given their employees for layoffs is restructuring (a general term for reorganizing a business to make it more profitable), followed by declining revenue and market shifts.