August was a relatively calm month for the gaming industry in terms of layoffs. The Game Industry Layoffs portal reported a total of 271 specialists laid off in gaming-related companies last month.

In April 2018, Jam City released a role-playing game in the Harry Potter universe called Harry Potter: Hogwarts Mystery on mobile devices. According to analysts from Sensor Tower, as of today, the project’s gross revenue has exceeded half a billion dollars.

The publisher and developer of mobile games Jam City, which has Jurassic World Alive, Harry Potter: Hogwarts Mystery, and Cookie Jam in its portfolio, has conducted a new major round of layoffs. The company reduced its workforce by 10%, or approximately 85 employees.

The publisher of Harry Potter: Hogwarts Mystery and Cookie Jam has reduced 17% of the staff, leaving 150-200 people out of work. As Jam City explained, the company had to do so because of the difficulties in the global economy that affected the gaming industry.

Another company decided to engage in blockchain games. Next up is the mobile publisher and developer Jam City. The creators of Harry Potter: Hogwarts Mystery announced the launch of the corresponding division and announced the first NFT game.

Mobile developer Jam City has announced the largest funding round in the company’s history. The studio attracted $350 million from investors. Jam City has already started spending this money — she bought Ludia, known for games in the Jurassic World universe.

Mobile developer Jam City, known for the game Harry Potter: Hogwarts Mystery, will not enter the stock market. A merger with the SPAC firm DPCM Capital was supposed to help him become a public company, but the deal had to be terminated.

Mobile publisher and developer Jam City will become a public company. The SPAC firm DPCM Capital will help him in this. Thanks to the deal, the capitalization of the authors of Harry Potter: Hogwarts Mystery will reach $ 1.2 billion.

Harry Potter: Hogwarts Mystery earned $300 million by its third anniversary, and its combined downloads in the App Store and Google Play amounted to 82 million. Such conclusions were shared by Sensor Tower analysts.

Harry Potter: Hogwarts Mystery earned $153.5 million in less than two years. The game still justifies its title of the most earning Jam City game project.

Harry Potter: Hogwarts Mystery took less than a year to earn $110 million. Now this mobile RPG is the most earning Jam City title.

$145 million was invested in the mobile developer Jam City. The studio is planning new acquisitions that will accelerate its global growth.

On Friday, layoffs took place in the California company Jam City. The developer did not name the exact number of those dismissed, but an anonymous VentureBeat source claims that “a significant part of employees” lost their positions.

Mobile developer Jam City has announced the start of a multi-year partnership with Disney, as well as the upcoming takeover of Glendale Games Studio.

It is increasingly difficult for newcomers to the mobile games market to squeeze into a row with major publishers. This was stated by Jam City Vice President Jeremy Horn at Pocket Gamer Connects 2018 in Helsinki.

Among those who fell under a series of layoffs at the California-based Jam City company were specialists from the Marvel Avengers Academy development team.

The Californian company Jam City has acquired the mobile studio Brainz, located in Colombia. The amount of the transaction was not disclosed.

Jam City Studio, the developer and publisher of Cookie Jam (64th place in the box office top of App Store apps in the USA) and Panda Pop (57th place in the box office top of App Store apps in the USA), is entering the market of text-based mobile games.

Mobile bubble shooter Panda Pop of the Californian company Jam City (in the past – SGN) has gained over 100 million downloads.