New York, June 4: Avalanche Studios Group, known for its gaming titles like Just Cause and Mad Max games, has announced that it will lay off 50 employees and close two studios. Avalanche Studios Group called the layoffs a difficult decision but said it was necessary for stability and sustainability. 

On its official website, Avalanche Studios Group announced the closure of its two studios in New York and Montreal. Since its beginning, the group has expanded operations and opened new studios in five locations worldwide, including Stockholm, Liverpool, New York, Montreal, and Malmo. Google Layoffs: Tech Giant Lays Off Around 100 Employees Across Its Cloud Unit; Check Details.

The message informed that the Avalanche Studios layoffs would affect 50 employees, comprising 9% of the total workforce. The company referred to the affected employees as "valued friends and colleagues." The message also highlighted that the layoffs would be global. 

Regarding the Avalanche Studios Group layoffs, the message emphasised, "This is a tough decision, but we believe that it's necessary to ensure a stable and sustainable future for the company." The company explained that its focus would be to support the 'Avalanchers' through the challenging times. 

Avalanche Studios Group thanked the affected for their invaluable contribution to the company. The studio said it was grateful for the people's creation of "incredible gaming experiences" for the players. 

In 2024, the layoffs in the gaming industry have significantly affected people. This year, we saw Unity layoffs, EA layoffs, Ubisoft layoffs and many other small game developer studios. Avalanche Studio's layoffs statement comes as a surprise and adds worry to the existing employees working in the different studios. Microsoft Layoffs: Tech Giant To Lay Off Hundreds of Employees at Azure Cloud Unit; Check Details.

According to a report by IGN, an estimated 10,000 developers were affected by the gaming layoffs in 2023. The report also mentioned that gaming giants like Microsoft, EA, Sony, and Riot would lay off many people in 2024.

(The above story first appeared on LatestLY on Jun 04, 2024 07:22 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).