2024: A Bleak Year for the Video Game Industry

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Gaming,Video Games,Layoffs

The video game industry faced a challenging 2024 marked by widespread layoffs, studio closures, and canceled games. Despite some notable releases, the industry's struggles overshadowed its successes, with a meta-narrative of decline dominating the year. The reasons for this downturn are multifaceted, involving economic factors, development costs, and shifting consumer habits.

In 2023, more than 10,000 developers lost their jobs; one-third of game-makers surveyed at the beginning of this year reported they’d been affected by layoffs in some way. While there were wins for labor organizers at big studios like Activision Blizzard, and collective action around fighting for protection from the encroachment of AI on employment, the industry’s collective brain drain continued in 2024 as workers lost jobs en masse.

Conservative ideologues bemoaned the inclusion of characters who did not fit the cookie-cutter image of a white, cis, hetero man. They complained that DEI was being forced upon them. In March, harassment toward a small consultancy company called Sweet Baby Inc. reached new heights as bad actors organized through Discords, Steam forums, and other online spaces. Branding themselves as Gamergate 2.0, online mobs harassed developers using tweets, DMs, YouTube videos, and Twitch streams.

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