Tag: Playtika workforce

Playtika to cut workforce by about 15%
Technology

Playtika to cut workforce by about 15%

[ad_1] Israeli gaming firm Playtika Holding Corp said on Monday it would cut its workforce by about 15% as part of a restructuring, as the gaming sector faces a slowdown. Israeli gaming firm Playtika Holding Corp said on Monday it would cut its workforce by about 15% as part of a restructuring, as the gaming sector faces a slowdown. The company, which has more than 3,700 employees, is consolidating studios and centralizing evaluation of new game concepts through its creative team at game studio Wooga, it said. "Three current titles have been removed from the pipeline with priority toward strategic high-growth potential new games investments," Playtika said. After posting blockbuster sales during the pandemic, the gaming sector is grappling with slowing demand this year as infla...