Tilting Point is cutting an additional 20% of its workforce
The publisher Tilting Point is conducting a new major round of layoffs. The company plans to lay off about 90 people, which is 20% of the total number of employees at Tilting Point.
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The CEO of Tilting Point, Kevin Segalla, stated that the layoffs are a necessary step due to the challenging situation in the gaming industry. Tilting Point did everything possible to maintain its organizational structure for as long as possible, but a moment came when delaying new mass layoffs became impossible.
The company has made several other "difficult decisions" to keep the business healthy, but Segalla did not specify what they were.
At the beginning of 2023, Tilting Point had already laid off a significant portion of employees. At that time, it parted ways with 60 employees or 14% of its staff.
