Kabam Layoffs
May 2023
Kabam announced a layoff affecting 0 employees (12% of its workforce) in May 2023. The company operates in the Consumer sector.
0
12%
May 25, 2023
About
Kabam, the developer behind Marvel Contest of Champions and Disney Mirrorverse, laid off 12% of its workforce in May 2023 as part of a restructuring effort. This follows a previous round of layoffs in November 2022, when 7% of employees were let go. The company cited current economic conditions and industry market realities as reasons for the decision, aiming to gain financial flexibility to invest in new growth areas while streamlining existing teams. The layoffs affected various positions, including creatives, QA, and liveops. This move reflects broader trends in the mobile gaming and tech industries, which are facing post-pandemic adjustments and economic pressures.
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