Industry Layoffs Continue: CD Projekt Red Will Let Go 30 Employees, Joining Other Studios In The Trend

CD Projekt Red, the Polish video game developer behind the "The Witcher" series, has confirmed that it will be letting go of approximately 30 employees by year's end.

The company announced the news in a blog post on the official website of "Gwent: The Witcher Card Game," a free-to-play digital collectible card game released in 2018.

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"Moments like this are always bittersweet. On one hand, we get to see the game live on in the capable hands of the community, but on the other hand, it means coming to terms that all good things do have to come to an end," CD Projekt Red wrote.

The studio added, "For us, it means saying goodbye to not only the development of the game but also to some of our team."

According to IGN, this announcement from CD Projekt Red follows two other waves of layoffs. The Molasses Flood, which is owned by CD Projekt Red and currently developing the troubled "Project Sirius Witcher" game, saw 29 team members laid off earlier in May.

Moreover, in December of last year, CD Projekt Red made an announcement regarding the closure of "The Witcher: Monster Slayer." Consequently, developer Spokko had to undergo layoffs.

The industry has been witnessing a recurring trend of layoffs, with numerous well-known studios and companies experiencing significant staff reductions.

For instance, studios like Deck Nine, and Deviation Games have recently let go of employees. Additionally, Sony Interactive Entertainment SONY made the decision to shut down indie developer PixelOpus.

But the wave of layoffs doesn't end there. According to Kotaku's reports, notable job cuts have been observed throughout the year. Unity Software Inc U (600 employees), Electronic Arts Inc EA (1,000), Ubisoft Entertainment SA UBSFF (60), Take-Two Interactive Software, Inc, TTWO Phoenix Labs, Tencent Holdings ADR's TCEHY Riot Games (46), Brace Yourself (20), InnoGames (45), Playable Worlds (11), and even esports companies like FaZe Holdings Inc FAZE have all been affected.

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