A massive wave of layoffs continues to hit the video game industry, as a source says that Crash Bandicoot developer Toys For Bob has laid off 40% of its employees, the equivalent of 35 employees losing their jobs.

In the past 48 hours, it has been announced that over 4,000 developers have been laid off from their jobs, according to VGC's sources, including 2,000 from Microsoft alone, split between Call of Duty developer Sledgehammer, which has let go of 30 % of its developers, as well as Activision-affiliated Toys For Bob, which has let go of 40% of its developers, as confirmed Tom Henderson through the X.

This is exactly what the most prominent analysts were expecting, as he stated that the layoffs that hit the industry last year are just the beginning of a continuous wave for two consecutive years, namely this year and the following years, as we will see the closure of many studios, as well as publishers, media outlets and others. For more details..

Previously, through Tweet By the Toy For Bob team via the X website. The studio posted a photo showing some of the titles they were working on, but the plot was two things. The first was the team's comment saying they were in a good mood and that they had big plans for this year. The second thing is the presence of the dragon Spyro in the image in connection with the phrase the team mentioned in their comment.

This indicates the team's intention to bring Dragon back to the forefront again, but with this wave of layoffs hitting them, their projects may be delayed or even canceled.