Hollywood did the same thing in the wake of the Great Depression about a hundred years ago. And what happened? The workers unionized. And then game studios are SHOCKED when game workers follow the same playbook they are. Spoiler alert: we win in the end!
I THINK one of the things we're really seeing is a continent, maybe industry-wide shift away from full-time employees and towards gig/codev work. And that transition looks like layoffs across the board even from studios that just had big successes.
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