The games industry is shrinking post COVID boom, companies expanded massively to try to capitalise on that and now the money isn’t there anymore. The games industry is always bad for layoffs, with staff being seen as an unnecessary expense post project in many cases. Additionally the tech sector is experiencing a unheard of levels of bad year (something like a 700%+ percent increase in layoffs according to at least one research group) which is contributing.
End of contract stuff is an issue in the industry, with 15-18% being contractors, but that’s it’s a separate one - if you’re a contractor you’re going to need to find a new job no matter what at the end of the project unless you get lucky enough to snag a permanent role.
Layoffs for salaried employees at the end of a project is a systematic problem in the industry - This is a really good article from 2014 that’s covers a lot of the issues.
Oh those things are super cool, soviet era display technology had a great aesthetic. This YouTuber had some great videos on them