505 Games Parent Company Digital Bros Laying Off 30 Percent Of Staff
Digital Bros Group, the parent company to publisher 505 Games, has announced plans to lay off 30 percent of its staff. It says it is doing so to align with "the new competitive market." 505 Games is the publisher behind games like Ghostrunner 2, Control, Payday 2, the PC version of Death Stranding, and more; it's unclear how much of that team will be affected by Digital Bros' overall plan. "Digital Bros has reviewed its projects to align with the new competitive environment," it writes in a press release. "This is expected to represent a reduction of approximately 30 percent of the global workforce, but no significant effect of restructuring costs is expected on the annual project results for [Fiscal Year 2024]." The company goes on to say that the video game market has evolved since the pandemic to...