IllFonic, the studio behind the multiplayer hit ‘Friday the 13th: The Game’, has confirmed a wave of layoffs as part of a strategic realignment. The exact number of affected employees has not been disclosed, but reports indicate the cuts are significant, reflecting the difficulties faced by the gaming industry in 2024.
The layoffs at IllFonic align with a broader trend affecting gaming studios worldwide.
The layoffs are part of IllFonic’s refined strategy to adapt to current industry challenges. The studio reassured fans and stakeholders of its commitment to ongoing projects while expressing regret over the decision. Efforts are being made to assist the affected employees by connecting them with new opportunities in the gaming sector.
The announcement reflects the current state of the gaming industry, where studios are grappling with economic pressures, changing consumer behaviours, and evolving market demands. IllFonic joins a growing list of developers forced to downsize in response to these challenges.
Thousands of professionals in the industry have lost their jobs this year. Contributing factors include an economic downturn and a correction following the pandemic-driven boom, which led to overexpansion across the sector. The unprecedented growth during the pandemic created unsustainable structures for many companies, resulting in widespread restructuring efforts now.
Despite the setbacks, IllFonic remains dedicated to its remaining projects and aims to navigate this difficult period while retaining its reputation for creating engaging gaming experiences.
