So far, nearly 30 Hi-Rez Studios employees have been given the pink slip, with various sectors of the Smite team affected.

The tally appears to be about several thousand private-sector jobs lost in the past two weeks since federal funding cuts and ...

Gaming mergers and acquisitions were down 3% to $11.5 billion in 2024, but fundraising doubled, Quantum Tech Partners said.

As 2025 seems adamant to follow in the previous year’s footsteps, yet another studio has been hit with significant layoffs and downsizing. This time around it’s Hi-Rez Studios, the developer behind ...

President Donald Trump's sweeping blockade of federal grant payments is already having a severe impact, reported The ...

Business filings of mass layoff plans have been elevated in recent months. The unemployment rate is historically low, but ...

Audio manufacturer Sonos laid off 200 employees Wednesday. The layoffs come weeks after its CEO was removed and a controller app update went awry last year.

Officials for the agency were notified of the planned cuts on the same day they learned that about 800 awards and contracts ...

More Americans filed unemployment claims last week than the week prior, but the labor market remains healthy and layoffs ...

The Central Intelligence Agency on Tuesday became the first major national security agency to offer so-called buyouts to its ...