Ten Square Games Layoffs
April 2023
Ten Square Games announced a layoff affecting 120 employees (25% of its workforce) in April 2023. The company operates in the Consumer sector.
120
25%
Apr 17, 2023
About
Polish mobile game developer Ten Square Games announced on April 17, 2023, that it will lay off approximately 120 employees, representing 25% of its workforce, by the end of the month. The company cited a challenging economy and an unstable mobile games market as reasons for the cuts. Concurrently, Ten Square Games is suspending development on two major projects, 'Undead Clash' and 'Fishing Masters', leading to significant financial write-downs. The move aims to refocus resources on its core titles, Fishing Clash and Hunting Clash, and prepare for scaling another project, Wings of Heroes. The decision surprised the market and contributed to a drop in the company's share price.
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