LectureMaster
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Nintendo Is The Only Major Gaming Company Without Layoffs In 2024
Nintendo seems to have escaped the last two years without facing any major layoffs, putting it above most others in the industry.
tech4gamers.com
The gaming industry continues to navigate a challenging landscape as 2024 draws to a close. With nearly 25,000 layoffs over the last several months, developers and publishers have undergone multiple changes.
Gaming giants like EA, Ubisoft, PlayStation, and Xbox have also been impacted by the layoffs. However, one particular company seems to have weathered the storm spectacularly. Despite the prevalent threat of layoffs, Nintendo has escaped the last two years unscathed.
The likes of Embracer Group had it far worse than others, though job cuts were far too common. However, Nintendo is nowhere to be found on the list of giants impacted by job cuts. In fact, the company faced next to no layoffs in 2023 and 2024.
The following were the companies impacted most by this trend over the last two years:
- Embracer Group (7,890 employees)
- Unity Technologies (2,900 employees)
- Microsoft Gaming (2,880 employees)
- Sony (1,475 employees)
- EA (1,470 employees)
- Ubisoft (1,021 employees)
- Epic Games (870 employees)
- Take-Two Interactive (630 employees)
- Riot Games (562 employees)
- Sega (438 employees)
Since contractors are typically expected to leave a company at the end of their contractual period eventually, this situation is hardly comparable to the mass layoffs from other giants.
Perhaps the company avoided a similar fate as PlayStation or Xbox by following the late Satoru Iwata’s philosophy. For context, Iwata opted to cut his salary in half after the Wii U’s devastating failure in 2013 to avoid job cuts.
The former CEO was confident in his staff and believed in retaining talent over anything else. It seems his core ideas are still prevalent throughout the company, putting it above the competition when it comes to this subject.
It also helps that Nintendo has seen major successes like Zelda: Tears of the Kingdom and Super Mario Bros. film recently. Elsewhere, the Switch continues to sell like hotcakes, ensuring a steady revenue stream for the company.