Don't know enough about the industry but as somewhat of a gamer, it does seem there is an excess of games out there (and probably a lot of them are not that profitable).
Electronic Arts, maker of Madden NFL, to lay off 5% of staff as gaming industry layoffs widen | CNN Business
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Electronic Arts plans to lay off 5% of its employees, making it the latest company in the gaming and tech space to reduce its workforce.
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The video game industry has been slashing jobs over the past year. EA itself laid off around 800 employees last year.
Epic Games cut 830 jobs in September. In January, Tencent’s Riot Games said it would lay off 11% of its workforce and Microsoft said it would cut 1,900 jobs from its Activision Blizzard and Xbox gaming divisions. And electronics giant Sony said on Tuesday it would cut 8% of its global workforce, amounting to around 900 jobs.
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