After several years in which almost weekly reports of drastic, sweeping layoffs at one company or another have become the depressing norm, we're all fairly accustomed to the pattern in the response. There's a measure of shock – not surprise any more, but still somehow shock because, really, this company, at this moment? – along with a deep well of sympathy for those affected, which we all have to balance against the scramble to understand exactly which parts of the business have been hit and what it might signal for the future.
Sony has announced global price rises for its PlayStation 5 consoles from April 2, 2026, due to "continued pressures in the global economic landscape."
Last year was something of an annus horribilis for Romero Games. Faced with a sudden funding rug pull, the studio has had to downsize dramatically. But it's still hanging in there.
Ziff Davis, the owner of GamesIndustry.biz parent IGN Entertainment, has agreed a new partnership with European media group eMense to operate IGN France. The firm already operates IGN Benelux, IGN Nordic and IGN Germany under licence from Ziff Davis.
Nordic Game, which will take place on 26–29 May at Slagthuset in Malmö, has exclusively revealed its latest speakers to GamesIndustry.biz, along with the conference's inaugural AI Track. GamesIndustry.biz will be an official media partner of the event.
When asked to describe the content at Nordic Game this year, further details of which were announced today, program director Jacob Riis sums it up as being the "time of the indies."
The team at Bulkhead has come a long way from its humble beginnings. Initially working on indie budgets, the studio eventually found millions being thrown its way under Tencent. But ultimately, it was more money than they could spend.
Team17 Digital parent group Everplay has published its full-year financial results for 2025, reporting flat revenue and a 10% increase in gross profit.
Epic Games is laying off more than 1,000 employees after a "downturn in Fortnite engagement" led the company to "spend significantly more" than it makes.
