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IllFonic Layoffs: Gaming Firm To Fire Several Employees, Says CEO

IllFonic Layoffs: These layoffs are part of a broader trend affecting studios across the globe, as many have been forced to reduce their workforce

IllFonic Layoffs: IllFonic, the studio renowned for developing the popular multiplayer title ‘Friday the 13th: The Game’, has announced that it is implementing layoffs as part of a "realigned strategy." Although the company has not disclosed the exact number of employees affected, reports suggest that the cuts are significant, reflecting the broader challenges faced by the gaming industry in 2024.

These layoffs are part of a broader trend affecting studios across the globe, as many have been forced to reduce their workforce. Thousands of industry professionals have lost their jobs, with contributing factors including the economic downturn and the industry’s potential overcorrection following a surge in growth during the pandemic period. The sudden boom in demand for video games and related services during the pandemic created unsustainable expansion, leading to current adjustments.

In a statement posted on X (formerly known as Twitter), Charles Brungardt, the CEO and Co-Founder of IllFonic, addressed the decision, acknowledging the difficult circumstances faced by the studio. He cited the broader challenges within the industry, which ultimately led to the company's restructuring. Brungardt expressed deep regret over the layoffs and reassured both the affected employees and the public of IllFonic’s dedication to the remaining projects the company is pursuing.

“Today, we had to accept the harsh reality that the state of the industry has impacted us here at IllFonic. It is with the heaviest of hearts that cuts to our team had to be made as we re-aligned to a refined strategy," he continued. "There is a lot of talent in this group, and if you or your team is hiring, please reach out so people can be connected to open roles. Thank you,” the post reads.

Also Read: Major Layoffs In November: Schaeffler, Oracle, KPMG, Nissan, Bosch And More

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