One of the most shocking stories in the games industry this week comes from Epic Games, which has confirmed it is laying off roughly 1,000 employees. The company attributed the decision to a continued decline in Fortnite engagement across platforms like Xbox, PC, and PS5, stating that it had been "spending significantly more than we're making." Acc...

InMeta has reportedly laid off approximately 700 employees across multiple parts of its business, with its Reality Labs division among those impacted. According to reports, the cuts extend beyond Reality Labs and include roles in recruiting, sales, operations, and teams connected to Facebook. Meta currently employs around 78,000 people globally. In...

A new report suggests Nintendo could scale back production of the Switch 2 following weaker-than-expected sales in the United States. According to Bloomberg, the company had initially planned to manufacture around six million units for the current quarter but is now expected to reduce output significantly. The lower production levels are also antic...