Last year was a tough year for developers, with many losing their jobs and many studios and development teams closing down. Signs of this dilemma are still looming on the horizon as we head into this year. According to one developer familiar with the video game industry, this year will not be without closures either, and it will be worse than last year.

According to the developer Farhan Nour Anyone who has been closely informed about the news of the video game industry and layoffs of developers in their jobs, and through the Videogameslayoffs website, this year and the next ones will also be much more difficult, as we will see more studios closing and we will hear about the layoff of many developers leaving.

Hilarious It was stated that the actual number of developers who lost their jobs last year as a result of layoffs, layoffs, or even studio closures is approximately 10,000 developers and not 7,000 developers as previously reported. It also said that 3,000 developers will lose their jobs by the end of January.

Speaking anonymously to Gamesindustry, senior figures in the games industry have warned that there will be more developer layoffs this year, due to difficult circumstances and investor fears. They said:

“If 2023 was the year of layoffs, then 2024 is the year of closures, and that will include not just developers, but also media, major publishers, and others.”

Someone also says that there are many unprofitable games and businesses in the gaming world, and the reason for the current difficulties and what will happen next is due to the versions we saw during the pandemic, and we will need almost two years to get out of them and recover. Hours ago, a source spoke about the layoff of approximately 350 developers from the Valorant development team, Riot Games, the equivalent of 11% of the team's staff, for more details.