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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.

Saudi arabiaSquare enixSpongebob squarepantsEmbracer groupNaughty dogFree radical designEpic gamesWarner communicationsCrystal dynamicsSaints rowZenimax mediaGearbox entertainmentActivision blizzardLiam deaneDigital trendsPerfect world entertainment

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 norcrossChris pennyKelly perryAndre emersonPatrick poageJesse heinigAhmed rawiMike fatumNigel athanasios wilsonCryptic studiosCrystal dynamicsCreative assemblyEmbracer groupStar trek onlineWinter mullenixMiles deponty

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…

Embracer groupCrystal dynamicsForbes hungaryGame developerPerfect world entertainmentCreed mirageEmbracer owned zen studiosGearbox 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 groupPerfect world entertainmentGigantic throwback eventKnockout cityPrivate 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 groupGearbox publishingPerfect world entertainmentXbox oneBrush mode

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