One of the largest video game developers globally, Virtuos (known for The Elder Scrolls IV: Oblivion Remastered), is experiencing a company reorganization which will result in job reductions. A representative from the firm informed Eurogamer that approximately 7% of its worldwide workforce may be affected by these layoffs. These reductions are mainly targeting teams with lower occupancy and decreased demand due to industry-wide structural changes.
Approximately 200 individuals across Asia and around 70 in Europe are affected. A relatively small number of staff members at Virtuos’ French office, who contributed to the development of Oblivion Remastered, have also been impacted, according to the company.
The company expressed its appreciation for the valuable input from those affected. They are offering severance deals, job placement aid, and potential reassignments across their worldwide operations wherever applicable. The company prioritizes handling this change sensitively, openly, and considerately.
In addition to continuously improving Cyberpunk 2077, Virtuos is also engaged in developing Metal Gear Solid Delta: Snake Eater, among other ongoing projects. This global company, headquartered in Singapore, and its subsidiaries employ over 4,000 people worldwide. The recent staff reductions will affect approximately 280 individuals.
The representative stated, “We’ll persistently pour resources into worldwide distribution, technical mastery, and imaginative teamwork, so that Virtuos remains an ideal partner for top-tier game innovators. We express our gratitude to our teams, associates, and contemporaries for their ongoing backing as Virtuos evolves to pioneer the next phase of game creation.
In this instance, a significant video game development company has recently undergone more rounds of job losses, project cancellations, and studio closures – all part of the latest wave of cost-cutting measures taken by Xbox.
In a recent survey, several game developers pointed out that unrealistic investor expectations have contributed significantly to the challenges faced by the video game industry over the past few years.
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2025-07-17 16:39