this post was submitted on 23 Jul 2024
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cross-posted from: https://lemmy.zip/post/19627558

The entire team from publisher Humble Games has reportedly been laid off, according to now former employees posts on Twitter and LinkedIn. 36 developers are reportedly impacted by the cuts.

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[–] [email protected] 101 points 5 months ago* (last edited 5 months ago) (3 children)

difficult economic times

code for the parent company investors were not able to scrape their cut off the top without cutting pay role. companies like that have one single product - not games or software or widgets - but the quarterly profit cell within accounting's excel spreadsheet

[–] [email protected] 18 points 5 months ago* (last edited 5 months ago)

they are owned by J2 Global. Check out their holdings on Wikipedia. it's a random hodge podge of tech companies https://en.wikipedia.org/wiki/J2_Global

[–] [email protected] 5 points 5 months ago

Correct - this was always going to be the case the moment IGN bought humble bundle. Any delay in getting to this point was a conscious decision about how fast to boil the frog - but IGN didn't buy Humble Bundle because they believed in the mission of helping charities and indie game developers, they bought it because they believed they could make more money than they spent on it.