Raj Patel, the marketing director at the Canadian indie studio Hinterland Games, calculated how often game companies announced layoffs this year. According to him, this happened almost every week.
Patel notes that throughout the year, there were only four weeks without such announcements: one each in January, February, June, and August.
The highest number of announcements occurred during the week of June 26 to July 2. During that time, layoffs were reported in nine companies: Niantic, Daedalic Entertainment, Ludia, Hi-Rez Studios, Elodie Games, A Thinking Ape, LifeForce Games, Harebrained Schemes, and TavroxGames.
Number of layoff announcements in 2023 broken down by week