Games

16806 readers

1000 users here now

Video game news oriented community. No NanoUFO is not a bot :)

Posts.

News oriented content (general reviews, previews or retrospectives allowed).
Broad discussion posts (preferably not only about a specific game).
No humor/memes etc..
No affiliate links
No advertising.
No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
No self promotion.
No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
No politics.

Comments.

No personal attacks.
Obey instance rules.
No low effort comments(one or two words, emoji etc..)
Please use spoiler tags for spoilers.

My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.

Other communities:

Beehaw.org gaming

Lemmy.ml gaming

lemmy.ca pcgaming

founded 1 year ago

MODERATORS

nanoUFO@sh.itjust.works

Ruiner developer Reikon Games reportedly lays off more than half its staff | GamesIndustry.biz (www.gamesindustry.biz)

submitted 10 months ago by iusearchbtw@lemmy.sdf.org to c/games@sh.itjust.works

11 comments fedilink hide all child comments

cross-posted from: https://lemmy.sdf.org/post/11258346

Polish developer Reikon Games has reportedly dismissed a significant portion of its workforce.

Sources told GamesIndustry.biz that around 70 people have been laid off, while former producer Rafał Basaj claimed it was around 60 people via a Threads post.

Others told Kotaku that an estimated 56% of the company's employees have been affected.

The layoffs were announced to staff on January 23, 2024, with multiple former employees since posting on LinkedIn and social media platforms that they are looking for work.

GamesIndustry.biz reached out to Reikon Games for confirmation and comment, but has not received a response at the time of writing.

Reikon is best known for 2017 cyberpunk shooter Ruiner, which was published by Devolver Digital.

you are viewing a single comment's thread
view the rest of the comments

[–] simple@lemm.ee 7 points 10 months ago* (last edited 10 months ago) (1 children)

It's mindblowing that the studio had 100+ people and their only game was apparently RUINER. I was convinced it was a smaller indie game, how could they have that many employees and only release one decently successful game in like 6+ years?

[–] Pohl@lemmy.world 6 points 10 months ago (1 children)

I think that is a microcosm of the whole business right now. Very low interest rates meant that VC were taking bets like this all the time. Which allowed devs to finance expansion well beyond what their revenues would allow. The free money tap turned off and now everybody has to adjust back down. Low interest rates are an engine for growth. Raising rates is meant to crush investment and employment.

Macro economics is bullshit and not empirical at all but, the monetary policy levers do what they are supposed to do.

[–] mindbleach@sh.itjust.works 1 points 10 months ago

VCs chucking millions around, expecting billions, is an engine for growth. Capital is the bottleneck and capital is why these bestselling games now belong to empty studios.