Singularity 6
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Layoff History
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affected
Singularity 6, a video game developer known for titles like "Palia," laid off approximately 30 employees in early 2024. This reduction affected around 30-40% of its workforce, which was estimated to be about 80-100 employees prior to the cuts. The layoffs were part of a broader restructuring effort within the company, reflecting ongoing challenges and strategic shifts in the competitive gaming industry.
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affected
Singularity 6, a Los Angeles-based game developer founded by ex-Riot Games veterans, has laid off approximately 35% of its staff following the release of its MMO Palia on Steam. The studio, which raised $30 million in 2021 and recently surpassed three million players, stated the workforce reduction was a difficult decision made after evaluating the development and business needs required to support the game and its community. The layoffs impacted about one-third of the team, with affected employees receiving severance, career assistance, and retention of company equipment.