Layoffs

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Illustration of Ethereum Foundation staff reductions showing employees leaving the office amid restructuring.
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Ethereum Foundation cuts 20 percent of workforce

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The Ethereum Foundation has eliminated 54 positions, representing about 20 percent of its staff, as part of a restructuring announced Tuesday.

Striking staff at Quantic Dream have warned that planned layoffs of 115 developers will make it impossible to finish the upcoming Star Wars Eclipse game.

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Bungie announced a delay to an upcoming Destiny 2 hotfix and weekly update following recent staff reductions at the studio. The company provided no revised schedule for the patch originally set for next week.

Kwalee Labs has shut down following the release of its debut game Luna Abyss. The studio laid off its entire team less than a month after the title launched on May 21.

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Xbox is preparing to shut down Compulsion Games and is in talks to close Double Fine and Ninja Theory as well. Studio leaders are negotiating with Microsoft over the studios' futures. Heavy job losses are expected even if some studios go independent.

Amazon Game Studios laid off thousands last October and canceled Project Trident along with its Lord of the Rings MMO after developers scrambled to incorporate generative AI.

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Millicom presented its first-quarter 2026 results and reported cutting 35% of its Chile staff after taking control of Telefónica operations in February. The move generated US$21 million in severance and voluntary retirement costs.

 

 

 

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