Mobile Developer Jam City Lays Off Around 85 Employees - News
by William D'Angelo , posted on 05 August 2024 / 1,168 Views
Mobile developer Jam City has been hit with layoffs, according to a Jam City representative who spoke with Polygon's Nicole Carpenter.
The representative stated that 10 percent of staff, at Jam City have been laid off, or around 85 employees.
"After a challenging 2023, industry analysts predicted an upward trend for gaming in 2024," said Jam City CEO Josh Yguado in an email sent to employees. "While we have seen moderate improvements in some areas, the overall upward trend has not materialized as expected.
"Projections indicate these conditions will continue for some time, with improvements not expected until the second half of 2025."
A Jam City rep confirmed that 10% of staff has been laid off, or around 85 people. https://t.co/BHAjUE5vYe
— Nicole Carpenter (@sweetpotatoes) August 2, 2024
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
Essay Pro