The Impact of Game Industry Layoffs: Navigating Strategies and Finding Support

February 27, 2024

Game industry layoffs can come as a shock, even when working at renowned studios where job security seems assured. The reality is that layoffs are not uncommon in the game industry, and many professionals have experienced them firsthand. Let’s talk about why layoffs happen and share some strategies for dealing with this unfortunate reality.

Why Do Layoffs Happen?

It's important to remember that layoffs are not a reflection of your talent or abilities as an artist. They are often a result of financial and organizational factors that impact studios and companies as a whole. Salary expenses are typically the largest cost for any business, and when a studio is not profitable, tough decisions may have to be made to ensure its survival. If the company closes, everyone loses their job.

In the event of mergers or acquisitions, duplicate roles or functions may lead to layoffs as the new entity consolidates its workforce and operations. Even development cycles can lead to layoffs. Once a game is completed, there may not be an immediate need for the same level of development staff. The company might scale down its workforce until new projects are initiated. Sometimes studios don’t even have the chance to prioritize maintaining headcount. Publishers may make decisions to reduce the number of projects or studios in their portfolio, leading to layoffs in affected areas.

Strategies to Navigate Layoffs

While facing a layoff can be disheartening, there are strategies you can employ to stay positive, proactive, and prepared for new opportunities:

1. Be prepared and anticipate a layoff: In todays industry landscape, it's crucial to be prepared for unexpected changes. Anticipate the possibility of a layoff by continuously enhancing your skills, building a network, and staying informed about industry trends.

2. Seek support: Connect with others in the industry who have faced similar situations. Building a strong network of peers can provide invaluable support, advice, and potential job opportunities.

3. Focus on personal growth: Use this period to invest in your personal growth and skill development. Take online courses, attend workshops, and continuously improve your expertise. Not only will this make you more marketable, but it will also boost your confidence.

4. Leverage your support system: Lean on your friends, family, and professional networks. Discuss your feelings, seek advice, and explore potential avenues for support and guidance.

5. Explore freelance opportunities: Consider freelancing or independent game development as a way to continue working on projects and expanding your portfolio. This can be an excellent opportunity to showcase your skills and potentially discover new avenues for success.

6. Stay informed and adaptable: Keep a close eye on job boards, industry websites, and social media platforms to stay up-to-date with job openings and industry trends. Being informed will help you identify new opportunities as they arise.

7. Take care of yourself: The stress of a layoff can take a toll on your well-being. Prioritize self-care, engage in activities that bring you joy, and seek professional help if needed. Taking care of your physical and mental well-being is crucial during challenging times.

Embracing New Opportunities

It’s always important to look at the positives. Game industry layoffs can also lead to new possibilities. Many individuals find themselves moving forward and discovering exciting new jobs or even establishing their own studios. Change can be a catalyst for growth and open doors to better opportunities. Set yourself up for success by financially preparing for the possibility of a layoff. Take this time as a chance to develop your portfolio and skills to stand out from other applicants.

Remember, as an aspiring video game artist, you are part of a vibrant and ever-evolving industry. By staying positive, proactive, and prepared, you can navigate through the challenges of game industry layoffs and emerge stronger than ever.

At Chimirus, we're committed to supporting artists like you. If you are struggling to figure out your next steps, book a FREE Discovery Call with us today. We can help you come up with a plan to get your career back on track! https://scheduler.zoom.us/chimiruscoaching/discovery-call

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