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Crypto Game Studio Immutable to Layoff Staff Members

The Gods Unchained web3 game developer studio announces laying-off “more than 20” staff members.

Written By Richa Bhagat Richa Bhagat
Published July 28, 2022 11:32 AM·Updated 2 years ago
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Crypto Game Studio Immutable to Layoff Staff Members

The “Aussie crypto star” web3 NFT game developer and publisher studio Immutable announces a layoff for more than 20 staff members citing reorganization.

The layoff, announced in a meeting on Monday, was focused at and also includes core Gods Unchained staff members, sources say. The rest of the job losses emanate from Immutable’s talent acquisition department.

The 30-minute long Google Meet layoff meeting in question was hosted by Immutable’s chief studio officer Justin Hulog and co-founder James Ferguson. The team members each had a 15-minute meeting with their manager and the Human Resources rep., updating them on their job status.

The company “made a difficult choice” in doing “a small reorganization within Gods Unchained to help better enable us to achieve our goal of creating the next generation of web3 games,” per an Immutable spokesperson.

The resources’ reallocation would allow Immutable invest in key roles to enable scaling of Gods Unchained “to millions of players over the next year,” an internal memo states.

“We hate to lose members of our team and will ensure a smooth transition for those affected by the reorganization” adds Immutable. 

Also Read: Blockchain.com Layoff 25% of Staff Amid Crypto Bear Market

Immutable, however, looks forward to “continue to grow at pace”, aiming to attain a total headcount of 360 in five months.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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