The studio is being reorganized due to an annual loss of $ 19 million.
The Walking Dead: Our World
Finnish mobile studio Next Games will reduce its staff.
26 developers will be fired.
Next Games had a difficult 2018. Despite the fact that its income increased by 9% (to $ 40 million), its losses amounted to $ 19 million, according to Gamesindustry.biz . Now the studio responsible for The Walking Dead: No Man’s Land is being reorganized.
In order to reduce operating costs, Next Games decided to lay off some of the staff. At the end of last year, there were 143 employees in its staff; now there will be 117. Next Games expects to hire new talent in the next six months. However, as part of the reorganization, some positions will be abolished.
The latest game of Next Games — geolocation The Walking Dead: Our World — was released last July. The studio had high hopes for her (taking into account the poor performance for the first half of 2018). But, obviously, the title did not help Next Games to improve its financial situation.
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- Revenue of the Finnish Next Games fell by halfNext Games was recognized as the best gaming employer in Finland