Rec Room Layoffs
March 2026
Rec Room announced a layoff affecting 0 employees (100% of its workforce) in March 2026. The company operates in the Consumer sector.
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100%
Mar 31, 2026
About
Social gaming platform Rec Room, once valued at $3.5 billion, is shutting down its service entirely on June 1, 2026, following significant financial struggles. The company, which had attracted over 150 million players, announced the closure due to an inability to achieve profitability despite its large community. This follows earlier layoffs this year, as high operational costs and shifting market conditions in the VR and broader gaming industry made the business unsustainable. The platform will cease all new activity and go offline permanently at noon PT on the specified date.
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