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Skydance Games Confirms Job Cuts as Paramount and Warner Bros. Restructure

IndustryNewsKat Morton1 minute agoBecome a MemberJoin Now! Skydance Games have announced a round of layoffs affecting dozens of members of staff, just a month after the $110 billion merger between Paramount Skydance and…

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Skydance Games Confirms Job Cuts as Paramount and Warner Bros. Restructure
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    Kat Morton

    1 minute ago

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    Skydance Games have announced a round of layoffs affecting dozens of members of staff, just a month after the $110 billion merger between Paramount Skydance and Warner Bros. Games. The cuts are part of the company’s restructuring efforts, which has seen both gaming divisions brought together under one organisation.

    Skydance has not officially confirmed the number of employees affected, however reports have suggested that at least 25 to 30 people have lost their jobs, with cuts impacting many departments.

    According to an article in The Wrap, the lead Engineer for Paramount Games, David Vera, shared a post on LinkedIn mentioning 25 colleagues who had been laid off, including writers, engineers, artists and producers. In another post, senior gameplay and game AI programmer Rebecca Vessal shared the news that many of her team had also been affected.

    Skydance made a statement to Variety regarding the restructuring, and confirmed that the company was indeed undergoing organisational changes:

    “We have stepped back and taken some time to consider where we are investing our efforts and have made the difficult decision to scale down some of our projects.”

    The organisation is reportedly targeting at least $6 billion in savings after the merger, but has not confirmed whether these layoffs are connected to that target.

    The announcement comes after a difficult day for the industry, with Tripwire Interactive laying off staff, and Bandai Namco announcing the closure of Montreal-based Reflector Entertainment.