Tilting Point layoffs: 20% of workforce cut due to ‘tough’ market

What’s happening at Tilting Point?

Tilting Point, a leading mobile game publisher, has confirmed plans to reduce its workforce by up to 20%, affecting approximately 90 employees. The layoffs will impact staff across its global offices, which are located in Boston, Barcelona, Kyiv, Los Angeles, New York, Seoul, and San Diego. The company currently employs around 450 people, with some staff working out of Vancouver, B.C.

The layoffs were first reported by MobileGamer.biz. Notable games produced by Tilting Point include Star Trek Timelines, SpongeBob: Krusty Cook-Off, Narcos, and Astrokings, along with titles on Netflix and Apple Arcade.

Official statements

Kevin Segalla, founder and CEO of Tilting Point, acknowledged the difficult market conditions:

• “As anyone watching the games industry is acutely aware, the current market is tough and it has impacted us as well.”
• “We have done everything we can to maintain the shape of the business as long as possible, however, we have come to a point where we have had to make some difficult decisions in order to continue operating a healthy ongoing company.”
• “Unfortunately, this includes layoffs of some of our amazing colleagues in different parts of the organization. We are making every effort we can to support those who are departing, including helping outgoing employees to find new positions and creating a Tilting Point Alumni network, where alums can support and refer employees to their current and new employers.”

Layoffs in Canada

It remains unclear exactly how many Tilting Point employees in Canada will lose their job as a result of this layoff.

Your rights

In Canada, non-unionized employees at Tilting Point are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.

This applies to individuals working in any capacity — full-time, part-time, hourly, or potentially even independent contractors — in Ontario, Alberta, and British Columbia.

Severance is the compensation provided to non-unionized workers in Canada by their employer when they are terminated without cause, and can be as much as 24 months’ pay, depending on a number of factors.

WATCH: Employment lawyer Lior Samfiru explains why you are still owed severance if you have been downsized on an episode of the Employment Law Show.

Severance offers and deadlines

Before accepting a severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.

In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).

If your employer’s offer falls short of what our Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should contact an experienced employment lawyer at Samfiru Tumarkin LLP.

Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay. An employer’s deadline to sign back a severance offer is not legally enforceable or binding.

LEARN MORE
• Severance pay for provincially regulated employees
• Rights to severance during mass layoffs
• Severance entitlements in a recession

Major layoffs continue

The job cuts come amid a flurry of layoffs in 2024.

Big names, including Wells Fargo, Intuit, Goldman Sachs, UiPath, Dyson, Vancity, Stifel, SAP Canada, Netflix, AmDocs, EXL Service, Best Buy, Relic Entertainment, Ubisoft, Intel, Amazon, and Telus, have pulled out the axe as they continue to navigate challenging economic conditions.

SEE ALSO
• Shell to lay off 20% of deals division, part of restructuring
• Walmart Canada cuts jobs amid restructuring, shift to Spark: Reports
• Where are layoffs happening in Canada?

Lost your job? Talk to an employment lawyer

If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.

Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.

In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:

If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and should not be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.