Video Game Industry Faces Investment Decline and Layoffs

The video game industry, once riding high on unprecedented investments between 2020 and 2022, has now witnessed a dramatic drop in funds from private equity sources, plunging below pre-Covid levels. According to¬†Konvoy’s Q3 2023 Gaming Industry Report, investments in the gaming sector, which had skyrocketed to $14.78bn in 2021 and $14.49bn in 2022, experienced a … Read more