Digital Bros to Cut 30% of Workforce in Staff Reduction Plan

Digital Bros, the parent company of 505 Games, has announced plans to cut approximately 30% of its workforce as part of an organizational review across its development studios and publishing units. The company cited the evolving competitive scenario in the gaming industry, with consumers gravitating towards established intellectual properties and playing them for longer periods. Digital Bros will focus on sequels and new versions of successful games, leading to a reduction in the number of projects under development. Job losses have been widespread in the gaming industry this year, affecting companies such as Xbox Game Studios, Epic Games, Sony Interactive Entertainment, and Ubisoft.