Business
Garena Lays Off Staff
Games publisher Garena, who is behind titles such as Free Fire, has laid off staff from around the world, according to a report from Esports Insider, citing sources.
Per the report (citing sources) “the downsizing movement started in February 2022. Garena began attempting to reform streaming platform BOOYAH! to change its focus. As a result, this shift resulted in BOOYAH! team members being laid off.”
Esports Insider goes on to claim that they contacted Garena back in June to learn about the situation regarding BOOYAK!, and received the following response: “BOOYAH!’s team is focused on delivering new community-focused features and services while evolving our strategies to adapt to new trends in the gaming industry. Some new features will aim to improve how we engage our audiences, and may have some impact on our partnerships with some streamers.”
Garena also had to face challenges related to COVID-19 related to staff hires during the pandemic to handle the significant growth of the Free Fire audience, but as Brazil saw some stabilization from the pandemic, the user base dropped.
Garena provided Esports Insider with a statement regarding the layoffs: “In line with our previously stated focus on enhancing the long-term strength of our ecosystem, Garena is today making some adjustments to certain teams in order to optimise our global operations and better position us for opportunities ahead.
“This will unfortunately impact a number of roles, and we are committed to supporting affected teammates through this process.”
FromSoftware title ‘Armored Core 6: Fires of Rubicon’, which is published by Bandai Namco, has laid claim to the top spot of the boxed charts in the United Kingdom this week following it’s August 25th release.
Armored Core 6’s debut pushed Mario Kart 8 Deluxe to the second overall spot in news that video game journalists have been covering extensively.
According to GamesIndustry.biz, Bandai Namco believes that ‘Armored Core 6: Fires of Rubicon’ is a “big step up in the franchise’ and communicated their hopes that it would surpass previous Armored Core games following the increased popularity in the game developers work on Elden Ring.
The United Kingdom charts also saw The Legend of Zelda: Tears of the Kingdom move back to the 3rd spot, and FIFA 23 holding the 4th spot.
The biggest rise was from Lego Star Wars: The Skywalker Saga, which jumped back in the top top from it’s previous 24th spot to land in 6th with a 146% increase in sales. That game, along with Hogwarts Legacy, is currently a part of a Playstation 5 bundle.
The Witcher 3: Wild Hunt Game of the Year edition entered the Top Ten this week with an appearance in the 9th spot.
The news wasn’t so good for The Texas Chainsaw Massacre which saw a debut in the 13th spot last week but has now dropped to 37th following a 43% decrease in sales week-on-week, despite it’s initial push on every video game streaming platform following it’s heavily hyped arrival.
Here is a breakdown from the United Kingdom Boxed Top Ten for the week ending on August 26th, via GamesIndustry.biz.
| Last Week | This Week | Title |
|---|---|---|
| New Entry | 1 | Armored Core VI: Fires Of Rubicon |
| 1 | 2 | Mario Kart 8 Deluxe |
| 4 | 3 | The Legend of Zelda: Tears of the Kingdom |
| 3 | 4 | FIFA 23 |
| 9 | 5 | Hogwarts Legacy |
| 24 | 6 | Lego Star Wars: The Skywalker Saga |
| 5 | 7 | Mortal Kombat 11 Ultimate |
| 7 | 8 | Minecraft (Nintendo Switch) |
| 12 | 9 | The Witcher III: Wild Hunt GOTY Edition |
| 2 | 10 | Grand Theft Auto V |
Interactive drama developer and BAFTA-nominated studio Scriptic has raised a total $6.2 million in additional seed funding, including $500,000 from the Sony Innovation Fund, bringing the total seed investments to $8.7 million.
The funding will be deployed to continue going towards the expansion of its mobile narrative offerings, and the studio aims to provide its generative AI developer tools to more writers and storytellers.
“It’s a huge honor to have Sony Innovation Fund join our roster of stellar investors, and we’re thrilled that they share our vision for the future of interactive media and storytelling,” Scriptic CEO Nihal Tharoor said, according to GamesIndustry.biz.
This marks another example of studios who find Angel Investors and find VC investors to fund their initiatives, and those deals making waves in the gaming industry.
Sony Interactive Entertainment (SIE) is set to officially acquire headphones manufacturer and audio technology company Audeze, officially entering a deal to purchase the company, according to GamesIndustry.biz.
SIE is aiming to expand the audio technology of Playstation games and with this deal, not only will Audeze help them in that mission but Audeze will continue to operate as a separate entity and develop its audio products, per a number of video game journalists covering the story.
“Audeze is a premier brand for headphones, and this acquisition highlights Sony Interactive’s focus on innovation and providing the best audio experience to PlayStation players,” SIE senior vice president of platform experience Hideaki Nishino said.
Stay tuned for more updates regarding this story.
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