Kabam Lays Off Small Number of Staff, Shifts Focus to Mobile - NewsWilliam D'Angelo, posted on 27 June 2013 / 3,292 Views
Kabam, which has seen growth throughout 2013, has laid off a "small number of employees in the overall employee base," according to a spokesperson who spoke with GamesIndustry International. The layoffs have occurred due to the companies shift to the mobile market.
Kabam expects revenue to grow to around $300 million in 2013, which is a 66 percent increase year-over-year. Kabam also plans to expand from 700 employees to 900 by the end of the year.
"As much as possible we tried to find positions for everyone affected," said Steve Swasey, Kabam's VP of corporate communications. "We were able to do that with some but not with others."
"The big growth for Kabam is in the mobile games, and that's where we're focusing," added Swasey. "There are some positions we're not able to move over, so we had to say goodbye to some folks."