Embracing the games industry’s state of calamity | Kaser Focus

I haven’t mentioned this to GamesBeat’s audience directly up to now, but earlier this year I began doing a daily (well, business days) video on TikTok reporting on the gaming news of the last 24 hours. It’s been fun, getting to cover small stories or breaking down the big news into quick, understandable bits of information — or at least, I try to. The reason I mention it now is because it’s gotten progressively harder to do as I’ve had to dedicate time to at least one video per week about layoff news, and this week’s story out of Embracer Group was the one that almost made me snap on camera out of despair.

Embracer said in its latest financial report that, in total, it’s laid off over 900 people as part of its restructuring. According to videogamelayoffs.com, this pushes the number of jobs lost in the industry to around 7,800. So many people losing their jobs in so many parts of the industry in less than a year is a disaster, particularly since the number of positions those laid off can fill is dwindling. And that’s just one company — I can say with no exaggeration (and video evidence) that we’ve had layoff news from various publishers and developers almost every week for the last several months.