Over the last three years, it is estimated that at least 30,000 people have lost their jobs in the gaming industry, with 4,400 of those cuts taking place in 2025 alone. Most recently, it was announced that Microsoft had made company-wide reductions affecting several of its gaming studios, including Rare, The Initiative, and King, with the cancellation of Perfect Dark's reboot eventually leading to layoffs at Crystal Dynamics.
https://hitmarker.net/news/over-50-of-layoffs-in-the-gaming-industry-have-taken-place-in-california-expert-says-1513194