Polish cellular developer and writer Huuuge Video games is shedding 29 p.c of its world workforce.
The corporate confirmed the information in a notice to buyers final week and mentioned it needs to “streamline operations” and deal with its core social on line casino enterprise.
The layoffs will impression 122 employees company-wide, together with 89 workers based mostly in Poland (representing 25 p.c of workers within the area).
“The workforce discount is anticipated to be accomplished by the tip of February 2025 and won’t negatively impression the corporate’s income,” added Huuuge.
Huuuge is the free-to-play specialist behind titles together with Stars Slots, Billionaire On line casino, and Dominos Social gathering. The corporate defined the redundancies are designed to “enhance agility” whereas lowering prices.
With that aim in thoughts, Huuuge may also be shuttering its ‘Huuuge Pods’ (a cluster of small inner groups fashioned in 2023) throughout the Netherlands and Finland and discontinuing new sport improvement.
Huuuge mentioned it stays worthwhile with $125 million in money reserves as of Q3 2024. The corporate will proceed to discover development alternatives by means of potential M&A investments that “leverage its experience in monetization and games-as-a-service.”
Firm CEO Wojciech Wronowski mentioned the choice to chop jobs is “by no means simple” however is indicative of Huuuge’s dedication to “accelerating our capacity to innovate.
“Huuuge stays a worthwhile firm, and this marks a pivotal second as we chart a path ahead to ship even larger worth to our gamers, companions, and shareholders,” he added.Â
