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Gaming Industry Faces Layoffs Amidst Struggles and Progress

7/13/2025

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Summary

Story summary

The gaming industry is reeling from significant layoffs at Microsoft, impacting studios like Arkane and Rare, which saw projects scrapped. Krafton postponed Subnautica 2 due to leadership struggles, while Ubisoft also made cuts. Amidst this turmoil, SAG-AFTRA achieved improved contracts for performers, and the UK established a Video Games Council to foster industry growth.

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Story summary

The gaming industry is reeling from significant layoffs at Microsoft, impacting studios like Arkane and Rare, which saw projects scrapped. Krafton postponed Subnautica 2 due to leadership struggles, while Ubisoft also made cuts. Amidst this turmoil, SAG-AFTRA achieved improved contracts for performers, and the UK established a Video Games Council to foster industry growth.