Job Shifts in the Gaming World: What's Happening?

The job market is feeling the heat, and it's not just about the weather. People are getting nervous about their jobs, and it's showing in how they spend money. Experts say that if layoffs keep happening, people might start saving more and spending less. In 2025, a lot of jobs are expected to disappear. The government sector is hit the hardest, with around 300, 000 jobs gone. Tech is also feeling the pain, with nearly 160, 000 jobs lost. Retail, services, and warehousing are also seeing big numbers. All together, over a million jobs could be lost this year, which hasn't happened since 2020. Tech layoffs have been a big deal, but not as bad as last year. In 2024, almost 240, 000 tech workers lost their jobs. This year, it's less, but still tough. About 575 layoffs have happened so far, affecting a lot of people. Now, let's talk about Ubisoft. The company is making some changes, and people think it's a way to let employees go without saying it directly. They're calling it a "voluntary career transition program. " Basically, they're offering a package to help employees leave and find new jobs. But many people see this as a layoff in disguise. Ubisoft isn't the only gaming company doing this. The whole industry has seen over 100 layoffs this year. Ubisoft has been part of this trend, with cuts happening in January and July. It's a tough time for the gaming world.