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That's a damn depressing news, a foreseen one for sure but still.
My thoughts go to all impacted employees. This is one of my big stresses for 2024, my company recently did something likewise on a smaller scale (5% workforce impacted with some being hopefully only temporary), I was not part of the unlucky one fortunately but as interest rates remain high and activity in my sector is still in a slowdown the situation remains stressful.
The industry as a whole is reshaping itself, the cost of making titles has become so high and high budgets have never been as poor a predictor of success as it is now. Palworld is just an example of how silly a 200-300m budget can be and how an insane focus on graphics like that we've seen since the 2000s might not be the way to go forward anymore.
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