redundancies Archives

AppWizard

February 20, 2025

VR studio Toast Interactive lays off most of its staff

Toast Interactive has announced a major reduction in its workforce, including the shutdown of its office and layoffs of a substantial portion of its staff. Founded in 2016, the studio is known for titles like Max Mustard and Richie's Plank Experience. The founders, Toni and Richard Eastes, expressed sorrow over the decision and noted that the majority of their talented staff have suffered redundancies. They plan to continue enhancing their existing projects despite the challenges.

AppWizard

September 17, 2024

VR specialist nDreams to lay off 17.5% of staff

nDreams plans to reduce its workforce by approximately 17.5%, affecting around 45 employees out of 253. CEO Patrick O'Luanaigh communicated this decision, citing a renewed strategic focus and challenges in the VR games market. Despite the layoffs, the company remains committed to the future of XR gaming and is working to support affected employees. This announcement follows nDreams' acquisition by Aonic for 0 million ten months ago.

AppWizard

September 9, 2024

Merge Games axes Chelford office

Publisher Merge Games is closing its Chelford office in the UK as part of a broader integration into its parent company, Maximum Entertainment. The number of employees affected is undisclosed. CEO Christina Seelye mentioned that this decision is part of necessary cost-cutting measures and reflects the challenging landscape the company faces. The restructuring follows Zordix's rebranding of its games business as Maximum Entertainment earlier in 2023.