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Ups & Downs in Mobile Gaming - Layoffs vs. Growth

Ups & Downs in Mobile Gaming - Layoffs vs. Growth 🚀

While we are crafting an additional source for sustainable revenue for mobile game developers - the industry is shaking! Let's delve into the recent trends shaping our field:

Layoffs in the Industry 📉

Recent times have seen notable companies facing the tough decision of layoffs, underscoring the importance of resilience and adaptability in our sector:

1. Epic Games - Known for Fortnite; faced significant layoffs, cutting about 830 jobs.

2. ByteDance (Nuverse Games) - Downsized its gaming division due to underperformance.

3. Amazon Games - Initiated over 180 layoffs in its gaming division amid reorganization.

4. Unity - Multiple rounds of layoffs, including around 600 jobs in May 2023.

5. Ubisoft - Made cuts in its customer relations centre team.

6. Kabam - Implemented a 12% reduction in its workforce in late May 2023.

Companies Demonstrating Growth and Hiring 📈

On the flip side, many companies in our industry are actively hiring and showing significant growth, paving the way for innovation and new opportunities:

1. HitBerry Games (Andy Zolotarenko) - Shows promise with a diverse range of genres.

2. Playkot (Alexander Pavlov)- Gaining ground with engaging simulation and strategy games.

3. G5 Games® Entertainment - Renowned for hidden object puzzle games.

4. Plarium (Aviram Steinhart) - A leader in MMO strategy games.

5. MURKA (Barak David) - Recognized for social casino games with immersive gameplay.

6. Game Insight - Known for city-building and simulation games.

7. Playgendary (Dmitriy S.) - Rapid growth in casual and hyper-casual games.

8. N-iX Game & VR Studio (Daniel Poludyonny) - Specializing in 2D and 3D art games.

9. Juego Studios (Suman BK)- Innovative approach in mobile game development.

10. Bungie (Pete Parsons)- Expanding into mobile gaming with popular titles.

At Subscrible, we're committed to supporting the mobile gaming community through these times of change. We offer a platform where developers can enhance their revenue streams while keeping the gaming experience enjoyable and free of intrusive ads.

The path ahead is filled with both challenges and opportunities. Let's embrace these changes together, ensuring a thriving and sustainable future for mobile gaming. 🎮

Stay tuned with Subscrible | Your Self Publishing Mobile Games Booster in this exciting journey of innovation and growth in the mobile gaming world!

Drop us a note how your mobile gaming journey has been in 2023! Ups? Downs? 💬

#MobileGaming

#GameDev

#TechTrends

#Innovation

#GamingCommunity

Sources: YS Horizon, Investing News Network, Playable Factory, PocketGamer.biz, Mistplay, Techwire Asia