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Story summary
- Cloudhead Games, a Canadian VR studio, is laying off 70% of its workforce, effective January 7, 2026.
- Denny Unger, Chief Executive Officer of Cloudhead Games, attributed the decision to industry challenges, including a downturn in gaming and insufficient platform funding.
- Unger announced a reverse recruiting initiative to help departing employees find new opportunities.
- The layoffs reflect broader trends in the VR sector, with other studios also reducing staff.
