this post was submitted on 16 Mar 2024
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Something Wicked Games (ex Bethesda veterans) laid off most of it's staff (www.linkedin.com)
submitted 1 year ago by [email protected] to c/[email protected]
8 comments fedilink hide all child comments
 

"Heartbreaking news today as Something Wicked Games had to lay off most of their staff. As someone who has been in the industry for nearly 25 years, I understand the challenges of finding a new position during these tough times. I specialize in human and creature locomotion and Mocap, with some key framing experience as well, and animation team leadership. If anyone has any leads or opportunities, I would greatly appreciate it. Thank you all for your support."

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[–] [email protected] 8 points 1 year ago (2 children)

Can anyone break down this trend of layoffs and why it's happening? Does it have to do with AI content generation?

[–] [email protected] 22 points 1 year ago (1 children)

Higher interest rates means investors are being more conservative with investments, so companies that relied on external money injections are in a world of pain. The same applies to subsidiaries of larger companies.

Gaming companies are particularly vulnerable to this since games have much bigger lead times and usually have much bigger teams than most other software.

[–] [email protected] 9 points 1 year ago

Overhired during the pandemic and failed to hit aggressive targets so now the executives need to collect scalps to unlock their full bonuses