Business
![women who code](https://www.gameshub.com/wp-content/uploads/sites/5/2024/04/women-who-code.jpeg?w=310)
Women Who Code shuts down due to lack of funding
Women Who Code, which has spent the last decade encouraging more women to join the technology sector, is shutting down.
![embracer group financial results 2023](https://www.gameshub.com/wp-content/uploads/sites/5/2023/11/embracer-group-.jpg?w=310)
Embracer Group will split into three companies by 2025
Embracer Group will split off to become: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.
![suicide squad warner bros games performance](https://www.gameshub.com/wp-content/uploads/sites/5/2022/03/suicide-squad-kill-the-justice-league.jpg?w=310)
70% of developers reportedly concerned by live service game sustainability
A new survey from Game Developer has revealed significant concerns around live service games.
![Grand Theft Auto v take-two layoffs](https://www.gameshub.com/wp-content/uploads/sites/5/2022/02/grand-theft-auto-6-gta6.jpg?w=310)
Take-Two will lay off 5% of staff, cancel games to cut costs
Take-Two will reduce its workforce by around 600 employees, to save around USD $165 million annually.
![just cause avalanche studios](https://www.gameshub.com/wp-content/uploads/sites/5/2024/04/just-cause-avalanche-studios.jpeg?w=310)
Just Cause developer Avalanche Studios has unionised
Avalanche Studios is developing a collective bargaining agreement with local Swedish unions.
![possibility space studio shut down](https://www.gameshub.com/wp-content/uploads/sites/5/2024/04/possibility-space-logo.jpeg?w=310)
Possibility Space shuts down following alleged staff leaks
Possibility Space has closed before releasing its debut game.
![immortals of aveum game key art ascendant studios](https://www.gameshub.com/wp-content/uploads/sites/5/2023/07/immortals-of-aveum-august-game-releases.jpeg?w=310)
Ascendant Studios reportedly furloughs majority of staff
Ascendant Studios' future remains unclear after a reported staff furlough.
![hyper light breaker key art gearbox publishing arc games](https://www.gameshub.com/wp-content/uploads/sites/5/2024/04/hyper-light-breaker-gearbox-arc.jpeg?w=310)
Gearbox Publishing is now Arc Games
Gearbox Publishing will continue under the same mission, as Arc Games.
![borderlands 3 key art](https://www.gameshub.com/wp-content/uploads/sites/5/2024/04/borderlands-3-key-art.jpeg?w=310)
Gearbox impacted by layoffs following sale to Take-Two
Gearbox has confirmed a round of layoffs took place directly following the studio's sale to Take-Two.
![relic entertainment studio layoffs](https://www.gameshub.com/wp-content/uploads/sites/5/2021/10/age-of-empires-4-key-art-e1635302974808.png?w=310)
Sega Europe lays off 240 employees, sells Relic Entertainment
Sega Europe has announced a sweeping restructure, including employee layoffs and a studio sale.