Polish mobile developer Ten Square Games, known for Fishing Clash and Hunting Clash simulators, is preparing to make cuts. The company stated that it was forced to take this step due to high inflation in Poland and the difficult situation in the gaming industry.
Currently, 550 people work at Ten Square Games. It is not yet known how many of them will be fired.
Ten Square Games has also published a financial report for 2022. She reported that revenue fell by 15% to €114.8 million. Net profit amounted to €11.1 million, which is 63% less compared to 2021.
Against the background of the release of the report and news about layoffs, shares of Ten Square Games fell by 22%.