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The 10,800 game layoffs in 2024 already exceeded all cuts in 2023 — here’s why | The DeanBeat

  • Posted byby Dean Takahashi
  • Updated
  • 11 min

With the layoffs of 150 people at Sumo Group and 100 more at Timbre Games this week, the total estimated layoffs in 2024 have exceeded 10,800, according to the Game Industry Layoff Tracker.

In just 5.5 months, the game industry layoff toll for 2024 exceeds the 10,500 laid off in all of 2023 and 8,500 laid off in all of 2022. Matthew Ball, angel investor and CEO of Epyllion (and author of The Metaverse), took a crack at explaining the challenges in games in 30 tweets. He’s a big thinker and views the turmoil through both an analytical and empathic lens.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.