Tencent's riot games cut 11% of staff.

microsoft Corp will lay off 1,900 people across its video-game divisions including at Activision blizzard, which it purchased for $69 billion in an acquisition that closed late last year.

A real money fantasy gaming company based in navi mumbai is all set to lay off more than 70% of its workforce. The employees have already been told to start searching for jobs elsewhere. Layoffs will begin post October. They will most probably put the employees on pip before termination.

https://www.bloomberg.com/news/articles/ 2024-01-09/amazon-s-twitch-to-cut-500-employees-about-35-of-staff Super surprised about this one, but seems more due to internal attrition and bad performance by twitch moreso than overhiring correction (~500)

170 people impacted Link : https://www.theverge.com/2024/1/11/24034705/discord-layoffs-17-percent-employees

This morning, ShareChat laid off twenty percent of it's entire staff. The laid off employees were locked out of their system and received the communication of their lay off in their personal email. This is the biggest layoff by ShareChat so far. Many of the features of the ShareChat and Moj app have been told to shut down and their entire team is fired. The employees are offered 45 days of severance pay, leave encashment, bonus and are allowed to keep their system with them.

According to a report, Amazon will be terminating 10,000 jobs starting this week, which represents less than 1% of its 1.5 million global employees and around 3% of the company's corporate staff.

Cos like dream 11, games 24x7, Junglee games? Should they be worried too?

Tesla to fire 10% workforce, 14000 employees brace for sacking.

Dream11, Crikpe and all others