nDreams
is
set
to
lay
off
up
to
17.5%
of
its
staff.
In
a
statement
to
GamesIndustry.biz,
CEO
Patrick
O’Luanaigh
said
that
despite
exploring
“multiple
alternatives
to
avoid
such
action,”
a
new
“strategic
focus
could
result
in
redundancies
affecting
up
to
17.5%
of
the
company.”
On
LinkedIn,
nDreams
lists
its
headcount
as
between
201
and
500
employees,
intimating
anywhere
between
35
and
88
jobs
are
at
risk
at
“all
levels”
of
the
organisation.
“Today,
all
of
our
nDreams
colleagues
were
informed
of
a
renewed
strategic
focus
that
could
result
in
redundancies
affecting
up
to
17.5%
of
the
company,”
O’Luanaigh
told
team
members
earlier
today.
“Having
explored
multiple
alternatives
to
avoid
such
action
over
many
months
in
a
challenging
VR
games
market,
situated
within
a
tough
gaming
landscape
more
broadly,
it’s
with
deep
regret
that
we
are
looking
at
losing
valued
and
talented
members
of
our
teams.
This
could
impact
all
levels,
including
senior
leadership.
“We
are
working
tirelessly
to
support
our
team
with
the
respect
and
care
they
deserve
throughout
this
challenging
process,
including
all
our
efforts
to
comprehensively
assist
those
whose
positions
may
be
impacted
to
move
into
new
roles
within
nDreams
or
elsewhere,”
the
statement
continues.
“Having
been
fully-focused
on
VR
development
since
2013,
we
have
inevitably
faced
many
challenges
in
building
a
modest
independent
studio
into
a
world-leading
VR
game
developer
working
to
push
both
the
technology
and
the
market
forward.
These
necessary
considerations
of
losing
valued
team
members
are
the
most
difficult
yet,
but
our
belief
in
XR
gaming
is
undimmed.
We
firmly
believe
that
our
proposed
new
structure
will
enable
us
to
better
serve
current
and
future
audiences
in
creating
medium-defining
titles
for
years
to
come.
“For
now,
our
priority
is
to
support
our
people
in
this
process
as
we
work
through
reshaping
for
the
future,”
the
statement
concludes.
This
latest
announcement
puts
the
number
of
jobs
lost
across
the
games
industry
in
2024
at
almost
13,000
people.